And now, when weighed down by the pains and aches of old age, when the head inclines to the feet, when the beginning and ending of human existence meet, and helpless infancy and painful old age combine to- gether--at this time, this most needful time, the time for the exercise of that tenderness and affection which children only can exercise towards ...
- Currency war to escalate. If China were to partially back its yuan with gold it would require a gold price of $64,000 per ounce, 50 times gold bullionâs price today, according to a recent article from respected Bloomberg Intelligence. It seems like an outlandish forecast.
Prices need money, however. And the Sterling gold price also hit record highs two years ago today. Peaking at Â£1194 in the spot market, gold was fixed at a record high of Â£1182.82 per ounce on 6th Sept 2011. But the peak gold price in both Euros and Swiss Francs didn't come for another 12 months. Japanese savers got their peak price in April 2013.