Gold Reaches New Record High – News Barely Reported by Laimstream Media

Gold prices settled at a new record high yesterday, as unrest in North Africa and the Middle East pushed the safe haven currency to $1,435/oz. Silver surged to new 30-year record nominal highs at $34.74/oz. Prices surged in dollars and all major currencies and look set to reach record highs in other currencies....

The suggestion of a "bubble" to explain gold and silver prices is intended to conceal that gold and silver are actually just as valuable as they were before; it is the dollar that is dropping in value compared to gold and silver and that is a situation with no natural reversal as would be the case with a genuine bubble....

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