Gold Prices Settle Document Highs

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It has been a disappointing Winter Youth Olympic Video games for Canada to day, as they have not recorded a medal--some thing Andorra has been in a position to do. The Video games are for athletes 14 to 18 many years of age.

There is a stating that arrives and goes every now and then. They say that gold goes up in recessions and depressions. There is some thing true about it. Just think about the status of the gold for the previous 5,000 many years. The last 10 years is a good landmark, too. For all this time, gold was considered to be a secure-haven.

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It is becoming predicted by many marketplace analyst that gold costs can reach $2,200 for each ounce in 2012. This is in fact a conservative prediction. There are some marketplace analyst who are bullish and say that gold prices can reach as higher as $3,000 for each ounce in 2012. Now, this can be a daring prediction. But most including Morgan Stanley is placing their reputation on the line by predicting that the gold price will strike $2,200 for each ounce in 2012.

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