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Gold Rally to 17-year high
"Sept. 19 (Bloomberg) -- Gold rose in New York for a fourth straight session, extending a rally to a 17-year high, as a surge in energy costs renewed concern the pace of inflation is accelerating. Bullion prices have jumped 12 percent in the past three months as oil, gasoline and natural-gas soared to records. Some investors buy gold as a hedge against rising consumer prices. Hurricane Katrina, the costliest U.S. natural disaster, drove consumer confidence to the lowest since 1992 and led analysts to cut estimates of economic growth.
``A lot of people see some risk in the current financial system, and they're diversifying into gold to protect their assets,'' said Bart Kitner, president of Montreal-based Kitco Inc., a gold-coin dealer. ``We're getting a lot of new customers.''
Gold futures for December delivery rose $8.60, or 1.9 percent, to $471.90 an ounce at 12:16 p.m. on the Comex division of the New York Mercantile Exchange after reaching $472.40, the highest since June 1988. Prices first breached a 17-year high on Sept. 15."
http://www.bloomberg.com/news/markets/commodities.html
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When a statute, code, or court holding changes tomorrow, does reality change? Does truth change? Does right and wrong change?
If so, there are no absolutes, and the only logical conclusion is that reality, truth, and right and wrong are determined arbitrarily on a daily basis by those with the most power, guns, and money, and the rest of us can choose to run, fight, or be their slaves.
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THe Collapsing Dollar, Interesting Free Download
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