Gold hits record high in sterling, euro terms

[joeblow]

Gold hits record high in sterling, euro terms

http://www.reuters.com/article/globalMa ... FR20091202

Wed Dec 2, 2009 3:30am EST

LONDON (Reuters) - Gold hit record highs in euro and sterling terms on Wednesday after a wave of central bank and fund buying on the back of fears over the dollar outlook boosted interest in the precious metal as an investment vehicle.

Euro-priced gold hit a high of 805.25 euros an ounce, while bullion priced in sterling reached a peak of 732.38 pounds an ounce, according to Reuters data.

Spot gold earlier touched a record high of $1,215.45 an ounce, against $1,196.00 late in New York on Tuesday.

(Reporting by Jan Harvey; editing by James Jukwey)

[Ognir]

Record prices in Swissie as well
Actually probably every currency except the Aussie

[creativity]

US government bonds

2-Year   100.125   0.69   
10-Year   100.609   3.30   
30-Year   101.719   4.27   

It is a joke. Bond prices have not done anything much during the market upsurge. The fed needs to crash the market again and knock gold down again because the money they are printing is going into gold, it has not moved the broad market up much.