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Full Version: Gold climbed 7% in value today.
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Maybe ole BroncoPhilly is right when he maintains we should dump the Federal Reserve Bank and go back to a GOLD backed US dollar!
Quote:Gold for December delivery rose as much as $90.40, or 11.6 percent, to $870.90 an ounce in after-hours trading on the New York Mercantile Exchange after jumping $70 to settle at $850.50 in the regular session. That was the biggest one-day price jump ever; gold's previous single-day record was a $64 gain on Jan. 29, 1980. In percentage terms, it was gold's largest one-day advance since 1999.
BroncoPhilly Wrote:Maybe ole BroncoPhilly is right when he maintains we should dump the Federal Reserve Bank and go back to a GOLD backed US dollar!

Too late! I predicted gold's rise between 2008 and 2012 in 1997. You needed to be in gold last year to make a profit.
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