More on Gold…. Don’t put your trust in Gold, but if you are a real investor, you really want to consider putting some of your money into Gold.
SAN FRANCISCO (MarketWatch) — Gold futures tapped the $700-an-ounce level Tuesday for the first time since October 1980, with the June contract last up $19.90 at $699.80. "It is not the fact that gold is close to breaking above $700 that has surprised us, but rather the pace at which it is expanding," said Matthew Parry, an economist at Moody’s Economy.com. He emphasized, however, that his company "does not … envisage the current bull-run having much further to go once $700 has been broken." Assuming the recent escalation of geopolitical tensions subsides going forward, and global inflation comes under control, the price of gold should return to negative territory, falling back below $600 in 2007…."
Complete Story: Gold futures tap $700 for first time in nearly 26 years – MarketWatch.
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About waynem
As a Minnesota based photographer and artist I have been greatly influenced by the Upper Midwest. I focus my skills and energies on portraits, landscapes, cityscapes, architectural and fine art work.
My best work comes from images first painted in my mind. I mull over a prospective image for weeks or months, seeing it from different angles and perspectives, then finally deciding what to capture. The result is images that deeply touch people's emotions and powerfully evoke memories and dreams.
My images are used commercially by companies and organizations ranging from Financial Services firms, mom and pop Ice Cream shops and The Basilica of St Mary to communicate their shared vision and values. Book and magazine publishers have featured my images on their covers. My photographs also grace and enhance the decor of many fine homes.