15
September
Gold at New Peak; Dow Slips (GoldCore in Smart Money)
15 September 2010 Smart Money Tracker
Gold leaped to a new high, staging its biggest gain since February, amid worries that the Federal Reserve may be forced to step in to further prop up the economy.
The market gyrations came after Goldman Sachs suggested the Federal Reserve could purchase $1 trillion worth of Treasurys as soon as November to bolster the U.S. recovery. The prospect of renewed monetary easing revived worries about economic instability, which has been a recent trigger for gold buying.
http://www.smartmoney.com/investing/stocks/market-update-tuesday-sep-14-2010-25113/
