Gold price hit new record high

Gold jumped to all time high, at USD1453.70 per ounce when I write this post, because of inflation fears and Portuguese credit downgrade drew attention back to euro zone woes.

Hmm.. will I buy this commodity today? Sure not. It must retrace or going down (as usual, gold price will going down when a new high created), so I will buy at retracement.

PS: Things you didn’t know about your Maybankard. http://t.co/F1Sp8TE

 

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