GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Friday, December 11, 2009

Gold price takes hit as greenback firms

Strong jobs data in the United States, leading to a rebound in the greenback has seen the gold price pulled back as much as $80 an ounce after powering beyond the 1200 an ounce mark last week.

After a month of successive all time highs, gold succumbed to a sell off driven by better than expected US employment data, which pushed the U.S. dollar higher.













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