Save up your Gold.
Just after 11am eastern time, the Yahoo Finance website gold graph indicated that the precious metal had jumped from $1235.60 an ounce to a whopping $3401.50 an ounce in the space of minutes. The commodity then quickly returned to its previous level almost immediately.
“This is one of those secret messages to traders in the know that tell the brokers when gold will be at a certain level,” claimed a Kitco forum member.
Indeed, numerous investment analysts speculated last year that gold was heading towards the $3500 range as a result of a deflationary collapse of the U.S. economy.