http://www.government-mortgage-relief.com: Peter Schiff Death Of The Dollar, Hyperinflation,Insure & Protect Your Money.

Wednesday, April 20, 2011

Peter Schiff Death Of The Dollar, Hyperinflation,Insure & Protect Your Money.

Gold Ends Shy Of $1500;

Silver Ends Off $45
April-20-2011--Gold futures extended their record-breaking rally Wednesday.
Gold Rises Above $1500 to Record on Weaker Dollar, Inflation
Investors tend to favor gold as a hedge against currency volatility and a store of value due to the metal's historic role as a currency alternative. Gold also drew support from higher crude oil prices, which stoked fears of higher inflation.
Crude oil rallied to a high of $111.66 a barrel after the Department of Energy reported a surprise drawdown in U.S. crude inventories. Gold settles at record for fourth straight time
Silver futures followed gold higher, with the most-active May delivery contract setting a fresh record at $45.400 per troy ounce, far outpacing the 1980 high of $41.50.
The contract settled at a record $44.461 per troy ounce.
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