NEW YORK/LONDON (Reuters) – Gold rose to a record high above $1,150 an ounce on Wednesday as stronger-than-expected U.S. consumer prices and a steadily weakening dollar stirred inflation fears. Spot gold hit an all-time high of $1,152.75 an ounce and was at $1,142.55 an ounce at 3:08 p.m. EST (2008 GMT), against $1,141.50 late in New York on Tuesday.
U.S. December gold futures settled up $1.80 at $1,141.20 an ounce on the COMEX division of NYMEX.
Gold at record, dollar down as Fed holds on rates
Will U.S. financial woes lead to new world order?
By Adam Abrams …Is the U.S. about to lose its status as the dominant global superpower? Will the dollar collapse? If so, what would become the new global reserve currency and what would replace U.S. hegemony in a new world order? http://www.haaretz.com/hasen/spages/1074110.html
So, with this in mind, who or what could replace the United States as the world's dominant player?
This is their Endgame… Collapse the Dollar, Its the only thing that makes sense of Obamas half-assed Policies…. collapse the Dollar bring in the New World Order… and to quote the Godfather ” Let them kill themselves like the savages they are”…
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