Gold Price Blows Through $3,300, As 'Serious People Are Beginning To Panic'

The gold price reached the $3,300 level last night, and quickly demonstrated it had no longer had any need for those shackles.

It blew through on heavy Asian buying, and in particular from China, where it seems like a new wave of gold mania has broken out. And as Vince Lanci talks about in this morning's show, 'serious people are beginning to panic.'

Arcadia Economics

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In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce
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