The spot price for 1 troy oz of Gold
$ 1,777.50
Gold is a good thing to watch for several reasons.
Gold indicates how much fear is in the marketplace.
When times are uncertain, dangerous, or fearful people will pull their money out of the stock and bond markets and by gold to protect their assets.
Their are rumors swirling around that gold is going to 2000.00. If this is the case then something bad will be causing it, which could cause a severe correction in stocks.
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