The Gold Insider » gold price http://thegoldinsider.com Buy, Sell, Invest, and Profit From Gold and Other Precious Metals! Thu, 29 Oct 2009 17:26:52 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Stimulus Spending Allows Gold Price To Go Over $900 http://thegoldinsider.com/gold-prices/stimulus-spending-allows-gold-price-to-go-over-900.html http://thegoldinsider.com/gold-prices/stimulus-spending-allows-gold-price-to-go-over-900.html#comments Sat, 31 Jan 2009 04:35:06 +0000 Rob K. Blake http://thegoldinsider.com/?p=146 The news of the House passing the Obama $825 Billion Stimulus Package sent the price of gold over $900 an ounce. This seems to be the trend lately…each month a new higher trading range for gold prices.

Government Spending Driving Inflation Fears

In a Bloomberg article market watchers confirm inflation fears,

“Central banks are going to start printing money and it’s not an ideal place for investors to be,” said Joel Crane, a metals strategist at Deutsche Bank AG

…

]]> http://thegoldinsider.com/gold-prices/stimulus-spending-allows-gold-price-to-go-over-900.html/feed/ 0