Fears for global economy fuels propels gold price

September 22nd, 2007 by GoldSilver | Posted in Economic News |

The moment every gold bug has been waiting for finally arrived.

A heady mix of a collapsing dollar, a British banking crisis, and widespread suspicion that central banks are slackening in the fight against inflation, all combined to propel gold above the $730 peak of May 2006.

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