May 30, 2011, 3:50 p.m. EDT
Gold at three-week high on Greek woes
Gold legal currency in Utah, with other states considering the move
By Virginia Harrison, MarketWatch
NEW YORK (MarketWatch) — Gold futures on Monday rose to a three-week high as ongoing concern about Greek sovereign debt heightened the safe-haven appeal of the metal.
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Late Sunday, the Financial Times reported European leaders are trying to negotiate a new bailout for Greece that would bring wider outside intervention in the country’s financials.
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And, in a move viewed largely as symbolic, Utah recently passed a first-of-its-kind law intended to encourage the use of gold and silver coins as cash.
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Article continues: http://www.marketwatch.com/story/gold-futures-fall-but-silver-moves-higher-2011-05-29
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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