Gold has Rocketed through $1000, now $1030

[Mr. GoldFellow]

The gold market is mirroring the sentiment around the world by simply stating our beloved dollar has fallen out of favor and is no longer the safe haven of world currencies. Ridiculous. I believe the price of gold is being driven up by demand as much as emotion. However, gold is considered by many economists to be a currency rather than a commodity, therefore, it's value is moving opposite the dollar. The weakened U.S. dollar has a silver lining by making our products appealing around the world thus causing exports of U.S.A. products and services to grow rapidly. We welcome the world to purchase our goods and services. So what's wrong with a weaker dollar other than hurting our American ego? Be sure, the dollar will return to it's esteemed place among all world currencies but I prefer to see our own domestic economy restored first. Perhaps 2010 sees happier days for our greenback and I'm fine with it. Let the rest of the world get accustomed to buying American again. One thing for sure, consumers should take advantage of this historic gold, platinum and silver market by gathering up unwanted old gold jewelry, gold and silver coins and selling while prices are high.