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	<title>Gold Rushed: Investing in Gold &#187; Gold Prices</title>
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		<title>Gold Exceeding $1000</title>
		<link>http://goldrushed.com/2009/09/24/gold-exceeding-1000/</link>
		<comments>http://goldrushed.com/2009/09/24/gold-exceeding-1000/#comments</comments>
		<pubDate>Fri, 25 Sep 2009 06:16:07 +0000</pubDate>
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				<category><![CDATA[Gold ETF]]></category>
		<category><![CDATA[Gold Investing]]></category>
		<category><![CDATA[ETF]]></category>
		<category><![CDATA[GLD]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[Gold Prices]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[The Washington Post]]></category>

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		<description><![CDATA[That&#8217;s right, we&#8217;re late on the reporting but gold is over $1000 US dollars for an ounce. Yikes.  Is it too much?  No one really knows, but all those skeptics that spoke out as it traveled down below $900 after coming near these recent highs a while back are eating their words&#8230;.
Or are they?
The Washington [...]]]></description>
			<content:encoded><![CDATA[<p>That&#8217;s right, we&#8217;re late on the reporting but gold is over $1000 US dollars for an ounce. Yikes.  Is it too much?  No one really knows, but all those skeptics that spoke out as it traveled down below $900 after coming near these recent highs a while back are eating their words&#8230;.</p>
<p>Or are they?</p>
<p>The Washington Post has a <a href="http://voices.washingtonpost.com/economy-watch/2009/09/gold_is_atnear_a_historic.html?hpid=news-col-blog">great article</a> on why some investors are fearing the sudden rise in gold, and also why some investors think $1000 is just the beginning.  Inflation on the rise, the dollar weakening and a market that isn&#8217;t quite sure why it&#8217;s almost back at a DOW of 10,000.  That&#8217;s what has investors scratching their heads and disagreeing.</p>
<p>One things for certain, gold and ETFs like <a href="http://www.google.com/finance?client=ob&#038;q=NYSE:GLD">GLD</a> could still be good buys if we continue to see the fed printing money, and worldwide banks scooping up gold as a hedge to the weakening dollar.</p>
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