Well, it happened, Gold touched $2,000. At the time of writing price is around $1,988, but I will not be surprised to see over $2,100 by the end of the week.
There is a chance that Russia will start accepting gold for payment of oil. Russia is not Iraq or Libya, they are much more powerful, you can’t take them down for accepting gold. They are being cut off by the US dollar and have already replaced Swift, Visa, Mastercard, Etc Etc with the Chinese alternative.
The future seems to be a gold and silver future, silver was over $26 today with the silver tampering looking like it will come to an end, which will mean we can see silver spike up really high.
It’s a shame, there is a 22 ct gold necklace I’ve had my eyes on that fluctuates with the price of gold, sadly now it is way more expensive. I might still get it though, since gold is gold regardless of its form factor.
