Gold Price Blows Through $3,300, As 'Serious People Are Beginning To Panic'

The gold price reached the $3,300 level last night, and quickly demonstrated it had no longer had any need for those shackles.

It blew through on heavy Asian buying, and in particular from China, where it seems like a new wave of gold mania has broken out. And as Vince Lanci talks about in this morning's show, 'serious people are beginning to panic.'

Arcadia Economics

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The world’s gold supply increases by 2,600 tons per year versus the U.S. steel production of 11,000 tons per hour.
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