With the US Dollar spinning out of control, commodity prices are reaching record highs. Gold just recently peaked at a record high of $1120, which strangely wasn't a big story in mainstream media outlet. While it is commendable that the Mainstream Media are trying to quell fears of the Recession, often stating that the Recession is now over, but Gold reaching a record high seems like a big story, no?
Gold's record high can be easily justified because of the Dollar's recent weakness.
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