Last time I stepped into Pommier Jewellers here in Cornwall the store was packed with happy shoppers. Is the high price of gold causing you to buy or sell? Gold hit $1070.80 US in London yesterday, a new world record.
I always get nervous when a stock or financial device hits a record level as usually that means the odds are that it’s about to go down. With the recession looking like it’s about to turn into a depression and economic challenges faced by whole nations, never mind just businesses, is it the time to hedge and buy more gold?
What do you think Cornwall?
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