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  • Gold hits a record near $1,100

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    Ben Rooney
    CNNMoney
    November 4, 2009

    • A d v e r t i s e m e n t
    • efoods
    Gold rose to an all-time high Wednesday amid a weaker dollar and speculation that foreign central banks would increase their purchases of the precious metal.

    December gold jumped $10.10 to $1,095 an ounce, after hitting an all-time trading high of $1,096.20 an ounce earlier in the session. On Tuesday, gold closed at a record $1,084.90 an ounce.

    Gold, which is up 23% this year, surged on Tuesday after the International Monetary Fund said it sold 200 metric tons of the precious metal to India’s central bank.

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    Comment Rules

    52 Responses to “Gold hits a record near $1,100”

    1. Justin Says:

      1sters SUCK!

      its not aj its u Reply:

      Alex has been getting hit harder than ever by the anti-Semites like no other.

      Last year it was the anti-Catholic crowd, the year before that it was the William Cooper cult, now it’s the “Jewish people behind it all crowd”.

      I’m guessing next year, the cointelpro blitz will be anti-masonic or radical blacks.

      All of your tricks don’t work.

      The republic is under attack, and you fools blame it all on a group. You should blame the man in the mirror for the problems going on.

      Your football watching keeps that industry in tune. Your drug use keeps the War on Drugs going. Your bad diet is keeping the medical industrial complex thriving. Your cigarette smoking is keeping that industry going. Your Wal-mart and Target shopping keeps the third world sweatshops going. Your use of B of A or Chase keeps those criminals from running their fractional reserve fraud. Watching Hollywood movies keeps those pseudo-royalty in business. Buying iTunes keeps the record label industry in tune. Using Microsoft computers as opposed to GNU/Linux allows Bill Gates to donate more to Eugenics programs such as Planned Parenthood.

      It’s not the Jewish, the Vatican, the masons, the UFOs, or AJ causing the world’s problems…IT”S YOU!

      Now that you are “awake” then do something about it!

      InvestigatEverything Reply:

      Gold will hit $2,000 an ounce by the end of next year.

      Marcus James Reply:

      It’s a Seller’s market for Overpriced Gold.

      It’s a Buyer’s market for Undervalued Silver.

      Anyone wants to learn more about the cheapest, safest, and most convenient type of silver, I recommend looking into pre-1965 90% Silver US Coins here: http://silverbarter.com/usmint.html

      Marc Reply:

      How do we stop Obamas tiny nipples? obamasnips.com

      max Reply:

      $2000 by end of next year???…hell,,,be $2100 by feb

      Irony Reply:

      It’s so true, everyone says how horrible things are and how evil the people who own everything are.. both statements are true, but if they go most of the sheeple who rely on this shit will starve and freeze.

      websuspect Reply:

      I suspect the anti semite crowed with their sieg heils really is cointel pro. The problem is ISrael really is spying on US malls and you cant call out mossad without being called a jew hater.

      Filo Gómez Reply:

      U know why da fucki’ gold is so fuckin’ xpensive? ’cause there’s a lot of latin countries where the gold is produced and da production cost per once is $150.00 so, da fucki’ gringos hijos de puta mother fuckers wins more than 80% of that dirty shit called “GOLD”, so, if this shit is an “Against New Order Shit”, stop buying gold mother fuckers, fuckin’ gringos hijos de puta come mierdas.

    2. AmForFreedom Says:

      What is going to happen to credit card balances when the dollar tanks? Anyone know?

      SPIRITBLADE Reply:

      Same as now, it’l still be YOUR ASS.

      InvestigatEverything Reply:

      I stopped paying my credit cards over a year ago. $90K in debt wiped clean. I gave myself my own bailout!! And they can’t touch me for a single cent!! LOVE IT when I can beat them at their own games!!

      PS. Credit is already almost clean and back up to above 700 again. U gotta love the banking system… if you know how to work it!!

      AmForFreedom Reply:

      What was your strategy?

      Ceaser Reply:

      Can you tell me how to rightfully own my house without paying off the mortgage? :)

      Suggestion Reply:

      Challenge the bank to produce original mortgage note, or a certified copy of the original. Since the bank securitize and sell off your note as a security instrument in a pool, the paper is nowhere to be found. So they can never produce the original or a certified copy, since a certified copy of an original would would your note was signed off on and securitized AFTER you signed it.

      Your note was altered after you signed off on it, which constitutes fraud, and if they ever show you that someone else endorsed and signed your note as a security instrument after you signed it, than it’s the smoking gun.

      restless native Reply:

      The credit card cos can not garnish your wages without a court order. NOVATION

      restless cant get by the censor native Reply:

      A J does not want this out, why?

    3. WakeUp Says:

      Hey, nobody can say it wasn’t predicted! This was called a long time ago by many economists who were willing to speak the truth.

    4. SPIRITBLADE Says:

      A decade ago, i warned anyone who would listen to buy gold.

      Now i’m gonna advise everyone buy silver, (after retreat, food, weapons, et al.).

      Lightwalker Reply:

      Same here. I’m working with other like-minded people to form a community when the time comes for rebellion. Not to fight but to survive out of the system.

      Another advise is to stop paying an income tax. If anyone out there is paying FICA, SS, medicare or medicaid out of their paycheck….you need to stop this! And don’t file a tax form next year if you owe the feds.

      One out of five Americans are now unemployed and the Fed Reserve knows this is hurting them. Ron Paul’s END the Fed bill will hurt them even more if passed. And China told the fed reserve to shove their derivatives up their a$$. Looks like the feds are bleeding badly. Now is the time for the employed to stop paying into this private bank and watch the fed reserve die!

      lionheart Reply:

      I’ve read some of your posts and I like your style. I bought a remote retreat 15 years ago and have been working it and stocking it since. I plan to bug out there in the next 6-8 months. It’s tempting to go now but I think next spring is the right time. I’m only interested in helping like minded TRUTH seekers. Anyone who wants to believe lies cannot be helped. Contact me or reply if you are interested.

      Truth Reply:

      You need to buy food, books, herbal medicine, weapons, ammunition, camping gear, water filters, seeds, maps. Have plan(s) A, B, C, D… for when the shit hits the fan. With the money you have left over buy precious metals and land. Those are recession/depression proof and valuable in a meltdown.

      Have books for the information you need to know if the SHTF. If the internet goes down, you need to have books. Know how to farm, weapons, survival, natural medicine. Practice for a day or two surviving without the conforts of society. You’ll realize quickly the skillls you are lacking.

      If nothing happens you are more knowledgable and prepared for any other situation.

      I say if/when gold hits $4,000, this country is toast. Dollar devalued, hyperinflation, and the runup to the 2nd American Revolution. When people are cold, hungry and angry they will revolt.

      restless cant get by the censor native Reply:

      Spirtiblade you are correct, the only problem with alot of silver, is that if the SHTF it weighs so much. When gold hit 1030 two marches ago, silver was 21.50. It should be 25.00 right now, thus about 7.50 undervalued.Any one who does not have at least 100.00face value pre 1965 silver US coin( about 1100frns) is either nuts or just plain nuts.( 100 silver dollars)

      Patrick Reply:

      So you take the gold to an exchange and exchange it for what? more hyperinflated dollars? Please explain: Nevermind, I know, you can trade it in for a can of beans, because you’re hungry too.

    5. Joe Says:

      Watch Fall Of The Republic in full version and educate yourself online at: http://www.joemarquis.com/videos.htm

      I took the time to build an area within my own business website where you can educate yourself by watching in Highest Quality full versions of Alex Jone’s and other’s DVD’s. A great place to start if your new or old and want to learn about the New World Order.

    6. Myinfo4u Says:

      Will Gold reach $5,000 or more? A must read only @ http://myinfo4u.net

    7. theaustrians Says:

      More Peter Schiff predictions coming true…

      http://www.theaustrianswereright.com

    8. Kris Says:

      I love my gold. Thankyou, Alex. Your podcasts have given me the info that I need to prepare for the collapse of the world as we know it. I’ve also told many others and got my family to buy significant quantities of gold too.

      Let’s not forget food storage. Get out of debt and buy up as much storable food as you can. You also need to get involved in politics in your local area. The world is going to need libertarian and constitutionalist leaders to rebuild our nations’ governments when this is all over.

      Be part of the continuation of the English civil war, the American war of independence, indeed, be a part of the continuation of the war in heaven!!!

      Satan and tyrants will fall.

    9. aMerkin Says:

      Where did all the Fort Knox gold end up?

      http://www.youtube.com/watch?v=u03TfQN1pXo

      Madman Reply:

      Free Lesbian pictures… this thing looked like a hot mess to me…
      I’d say, if you want to find out where the gold from Fort Knox is at, go over the Goldman Sachs in the UK, and the IMF… and you’ll see it sitting there.

    10. OBAMA & YOU Says:

      The New King
      The thronging of a new idol! What have we done! Nothing, the mass media made King Obama, The people were inundated with lies by the corrupt media which are subsidiaries of the large corporations, and this is by far a wrong to Idolized a puppet. And a complete disservice you need not.Your mass media has made him into a pious man.2009 ©
      By M. W. De——–

    11. princeofponce Says:

      i work for a major bullion bank and im looking for a good bulk deal on some tungsten!

    12. 1 more match to burn Says:

      Well did he turn it into mark or euros, Euro is 33% mor than the USD?

      <
      The Common Good Goes Before The Interest Of The Individual

    13. AmForFreedom Says:

      OK so wouldn’t the CC company just garnish ones wages?

    14. Lightwalker Says:

      Don’t Get Mad get EVEN Says: “Your employer has to take all those deductions out of your check.”

      Last employer I worked for didn’t take out any deductions except state tax. So it is possible to work for a company that will waive federal taxes from you check. Just ask. If your employer refuses, then you’re right, put the highest deductible number you can on your w-4.

      I’m no longer filing an income tax. Some day, I hope all Americans will wake up, put their fear aside, and take on the federal reserve. It’s real easy folks.

    15. restless native Says:

      ULTRA VIRES credit river

    16. alphazita Says:

      Nano Silver Hydrosol for those Europeans left out. See Bionaid at http://www.bionaid.eu, tri-oxysilver solution, covalant bond, superior to colloidal silver products. Thx :-)

    17. emmanuel jackson Says:

      http://www.youtube.com/watch?v=BuFcjsV6wZ0

    18. gravel kucinich paul nader Says:

      Zombie Banks
      Pump ‘n’ Dump

      “Plunge Protection Team”

      Please allow me to introduce myself
      I’m a man of wealth and taste
      I’ve been around for a long long year
      Stole many a man’s soul and faith.

      Pleased to meet you
      Hope you guess my name
      But what’s puzzling you
      Is the nature of my game.

      bbc beck blitzer bolton breitbart coulter cspan
      drudge gutfeld hannity huckabee imus ingraham
      krauthammer kristol limbaugh malkin north
      o’reilly rivera rove scarborough stossel susteren

    19. Mr. Perkins Says:

      Just a thought about gold and silver. It isn’t for immediate trade right as the SHTF. It’s for b/f (in speculation), and after when people don’t trust the paper. Basically, right after a SHTF situation, cards, and cash will have some utility but will be extremely poor. Then, in the months after, black markets will arise. Black markets which will utilize either safe currencies, precious metals, or combinations of both.

      You don’t keep the gold and silver for the chaos period. You keep it for the aftermath.

      restless native Reply:

      In Zimbabwei their paper currency recently went to zero. The people now pan the rivers and streams to hopefully find one third a gram of gold a day to survive.Every time a currency has collapsed,according to my studies, people have returned to gold and silver,and swore to never return to paper.After a generation or two, like a dog returning to its own vomit, they repeat their folly…..The Chinese government are telling their people to buy silver and gold.Why? They want them to have something of wealth because they know what is comming???In the thirties one silver dollar fed a family for a day.They will be the last currency until the day of the mark of the beast,then you will need faith alone

      Dee Reply:

      Excellent comments. I agree with you 100%.

    20. Mr. Perkins Says:

      Oh, and remember, the most important thing in a situation like this is human capital. Skills you have others want. We can be trading in leaves and turtle shells, it’s your abilities that will save you.

    21. mongo813 Says:

      Glad I bought GOLD!

      Check out the “New World Order Research Center” at:

      http://peopleforfreedom.com/

      One stop shop for all your New World Order News….

    22. Madman Says:

      Unsecured means, just that, unsecured… they have nothing to take away from you, and cannot garnish wages, etc for something they gave to you freely, without any obligation or commitment on your part to give up your goods, home ect, in order to give it as collateral. No collateral, equals no obligation… that all equals, unsecured credit.

    23. Richard M Says:

      Not true! If they sue and you ignore them the judge will garnish your wages!

    24. MsIncognito7 Says:

      I do believe gold has some intrisic value still for most people in the world , and neither does it rust , but price is another thing on the gold market , it goes up and down and predicting where one trend starts and stops helps one buy it low and sell it high if one wills .

      It’s rather high now for me pesonally with my micro-economic margins now with inflation and more and more fees creeping in from the banks , ect.

      Maybe it’s just conjecture , but some people think there is a connection between Iran , and that some are planning to ‘attack it to save the dollar’ , and control of oil energy , with the WMD , again , as the pretext and rationale for it , sort of like Iraq became , though we were assured it was to bring them democracy by Mr. Bush and Mr. Cheney et al back in 2003 . I have no idea if there is any truth to this or not , but just about anything insane seems plausible to happen it seems , so in the event it did happen , gold prices might go down , and if it does not it will probably go up as the dollar spirals down and the Euro strengthens .

      “They ” may be talking about stuff like this in Scotland now at the G 20 and later in Copenhagen , and in various places in Washington and London I would bet . Wish we had a direct microphone to webstream to listen on in , so we had the same inside information , they have . Well perhaps , if it would be legal .

      Gold in Heaven in the form of alms given to the poor is even better , for the tithe of gold coins you give to a good charity to help the poor help themselves is remembered forever by God , if given with genuine love and humility , and does never rust , ever ! Think about that ; it is not just an investment for a few years of mortal life here on Earth , but it last for Eternity Our Lord tells us .
      Wow !

      restless native Reply:

      wow! Incognito…..such wisdom!!!! the best post ever!!!! there is hope!!!!!!Sometimes I feel all alone, like that other guy who did not know about that 7000 others were in his camp as well.

    25. The Truth Says:

      Over many years we have all been lied to by our Governments, but not just our Governments but many religous leaders. Many things we have been taught are not even in Scripture and millions have swallowed so many lies by these false prophets. If you are a truth seeker please visit the following web site and take the time to read some of the articles, you will be shocked.

      http://www.2besaved.com

      Blessings
      Ben

    26. Riseagainstthem Says:

      Im sure the rothschilds will be happy about that

    27. 322skull Says:

      Rothschild says prep them…??? http://shavemyyeti.com/index.html

    28. Agent Orange Says:

      Did you know that usury is forbidden in the Islamic banking system? Could this be the real reason why we are in a global war on ‘terrorism”? The bank of Rothschild was allegedly behind the funding of both sides during the Civil war, WWI & WWII. Usury at one time was forbidden in England and is considered a sin in the bible, yet the Church (Eck & Calvin) pushed and approved of usury. Back then the Church had the power as Corporations do today.

      The love of money is the root of all evil….