Thursday, December 3, 2009

Up North, Charge !

Gold price is going crazy in tandem with other crazy events. Who would have thought oil rich state of Dubai would run out of money to meet debt obligations ?

Today gold price is US$1,220.00 an ounce.
One ounce is 28.35 grams.
Work out to US$43.00 per gram or $60.00 in our currency.

Is people hoarding the sought after precious metal? Ready for the coming 2012 Armeggedon ? What use has gold or money for the "end-of-the world" situation?

As aptly described "No matter where you live, no matter whom you believe you are about the face the END"

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