• $1,718 Glenn Beck was right or something source

• » This is worth keeping an eye on: With the U.S. dollar facing new scrutiny as a result of the S&P’s credit downgrade, gold prices will reflect more than ever as a bellwether of how investors feel about paper currency. And so far, it’s not looking good. (Note: Price above reflects per-ounce price of gold, which means that if you had a pound of gold sitting around your apartment, you’d have one really expensive paperweight.)

Posted by Ernie Smith • Permalink