Gold Sets a New Record

Gold was on a tear today.  Various people attribute it to rising inflation, to newly revived fiat currency concerns and even unwinding short positions from market manipulators.  Gold started around 1249 to 1250 today and rose to a new high of just under 1275.  Gold settled back down to around 1269 toward the end of the day.  Silver made similar moves, but has a long way to go to reach its all time high.  Very exciting day in the Metals markets.

Courtesy of Kitco.com