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One Million dollar baby... For the first time in history, a Gold Bar is worth $1 million
Source: Barchart, Bloomberg
Gold is up 49% since WSJ published this little gem:
Source: @spomboy, WSJ, E.J Antoini
You might wonder why gold is down in a day like today?
diversification does not always work. When margin calls happen everything gets liquidated...
Remarkable chart: gold in yen.
No further comments necessary. Source: Michel A.Arouet, Ht @AugurInfinity
Gold >2400 as markets believe lower than expected CPI report is opening the door to rate cuts by the FED starting in September.
Source: www.zerohedge.com
What do Serbia, Czech Republic and India have in common?
central banks are ALL accumulating gold... Source: Bloomberg, Krishan Gopaul
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