Daily news: Gold strike new all time highs 872 level, would oil goes 125?

Second day of the year and market giving us more presents:

Just yesterday oil touched 100 dollar mark, today we getting another record, Gold price per ounce got new all time high price 872 . Does it mean anything for economy?

This all time new high is a not that great sign for US economy and world. Weak dollar against Eur 1.4757 and Oil 100 dollar price, pushed gold to new highs.

As always, when bad times come, buy gold. Even though, if we would look at the gold price with inflation factor, we would pay 2000 dollars per ounce.

Ha ha, looks like we have bargain for now. For the future, gold possibility get 1000 per ounce is very good. And oil get to 125 we well.

And for us, as consumers? we need to save on gas, food and goods. Where we going with this economy? Till election this questions unknown.

Over all market takes side on election year, would it happen this year? we will see.

open view news.

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