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Latest Certified Gold Exchange Inc. Stories

2011-08-11 06:00:00

NEW YORK, Aug. 11, 2011 /PRNewswire/ -- For the first time in history, the gold spot price has surpassed $1,800 per ounce. This comes as a direct result of increased safe-haven demand from American investors after the US Government raised the debt ceiling and mentioned yet another quantitative easing package. According to the latest economic data, gold is benefiting from a basket of fear factors that are pushing investors away from dollar-backed assets in exchange for a safe-haven. The...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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