Between the Missouri and Mississippi Rivers. Between the Iowa and Cedar. Between the Des Moines and Skunk. I've lived or worked by them all. (Except the Missouri - that one doesn't count.) And fought floods against two of them more than once.
Sunday, November 22, 2009
Gold above $1150
On 11/6, I posted that gold was just under $1100/oz. Now 16 days later, it's above $1160. What is driving the spot price? An inflationary monetary policy? A devaluation of our currency?
Gold and silver are good indicators of the value of our Federal Reserve Notes. Unlike stocks, their value will never be zero.