All Commentary
Thursday, September 30, 2010

Gold Sets Record


“Gold hit a lifetime high on Wednesday, its 10th record in 12 sessions, as the dollar dropped against a basket of currencies on expectations the Federal Reserve would take new measures to shore up the economy…. Gold rose as high as $1,312.05 an ounce….” (Christian Science Monitor)

The “market” is not amused.

FEE Timely Classic
“Hazlitt on Gold” by Jude Blanchette