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AGORACOM News Flash

AGORACOM Wire - Wednesday February 15th, 2012

Breaking News ....

Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property *CLIENT* Read More

Top Sector Stories ....

Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT* Read More | Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

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Message: Gold futures rise after Feds decide to buy Treasury

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Asper33

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Re: Gold futures rise after Feds decide to buy Treasury

in response to Re: Gold futures rise after Feds decide to buy Treasury by Hotmuck

posted on Mar 19, 09 05:32PM

hotmuck,

i cant say where Gold will be becaues i see so many predictions, however this latest headline is promising.

Gold futures rallied more than 8% Thursday to end near $960 an ounce, as the Federal Reserve's plans to purchase as much as $1.15 trillion in U.S. bonds and mortgage-backed securities sparked worries of inflation ahead, raising gold's appeal as a hedge against rising prices.

Obvously this is one day and we shouldn't look into one day too much, but there is an underlying theme at the moment. worries in the markets = increase in gold

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