It’s hitting the headlines again! Record prices - where will it stop?
I am of course talking about GOLD!
At the time of writing this it is just short of $1900 an ounce! That is a huge leap from the price of gold when Gems TV first started on our screens - it was about $400 back then... and even if you don’t follow stocks shares and commodities you can see that is one huge leap!
But where is it going to end? What is causing the price to surge? With so much turmoil in the world economy it looks like gold is the stable investment that is causing this price increase.
Its also quite interesting to note that there is a reported 143t of gold held in Libya... at $1900 an ounce... that’s $8,735,357,785.10 (That’s eight billion, seven hundred and thirty-five million, three hundred and fifty-seven thousand, seven hundred and eighty five Dollars and ten cents!) Now that’s a lot of gold!
