Leading gold blog re-states its strategy after the stock market crash and the slump in precious metals over the past three months. Inflation, and a great deal of it is coming to the rescue courtesy of the 35% hike in US money supply over the past six weeks and the $4 trillion bank bailouts. The blogger thinks golden days are just around the corner.
Tags: gold, gold and silver, precious metals, stock market crash
Wall Street crashes, only gold and silver up
October 9, 2008 By Leave a Comment
The Dow Jones index fell 678.9 to 8579.2, its biggest percentage drop since Black Monday in October 1987 and its third biggest points decline in history. Gold and silver were both up more than three per cent in a matter of minutes to $918 and $12.2 an ounce respectively.
Tags: gold and silver, wall street crash