http://pitchandship.com News about direct response, network television and affiliated e-commerce Thu, 02 Feb 2012 21:01:07 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://pitchandship.com/2008/09/18/amidst-banking-crisis-investors-bullish-on-gold/ http://pitchandship.com/2008/09/18/amidst-banking-crisis-investors-bullish-on-gold/#comments Thu, 18 Sep 2008 20:31:16 +0000 admin http://pitchandship.com/?p=33 [...]]]> Spot gold rose 1.1%, or $9.60, to $872.30 an ounce from its close in New York yesterday, when it surged more than 10% or nearly $90, exceeding the previous biggest one-day gain in 1980. The price of the commodity is rising as investors scramble in search of a hedge against risk. In 1999, when the Bank of England started selling half of Britain’s bullion reserves, the price of gold was $254 an ounce. The Guardian (UK) Sept. 16, 2008

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