Dr. Peter Morici: Gold at $1300 an ounce!
Sep 29th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Dr. Peter Morici: Gold is approaching $1300 an ounce for good reason. The Obama Administration has flooded the world with greenbacks and Treasuries, global investors have little confidence in the management of the US economy, and investors have taken refuge in gold.