Saturday, June 19, 2010

All that glitters . . .


. . . is gold.

Krugerrands broke the $1,300 an ounce price point as more and more investors pour money into the metal and other commodities.

According to The Wall Street Journal:
"Gold's appeal has been enhanced by volatility in the wider markets as investors worldwide weigh the strength of the economic recovery. Gold-futures prices are up more than 10% since April, when Greece's sovereign-debt crisis and a weaker-than-expected recovery in the U.S. jobs market led investors to question the stability of equities markets."
Now, you can buy gold from vending machines . . . in Abu Dhabi.

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