Today's Gold Price

With the current state of the economy it's hard to tell where the daily price of gold will end up and if you take into consideration that gold prices are probably being manipulated, it certainly makes things a bit more complicated.

As of Friday June 12 the current price of gold is $940.10 down $22.20 for the day. That's quite a big drop in a single day, but with the price of the market being artificially inflated by mania and crude oil being inflated by speculators (speculating on an economic recovery, yea right), gold should be going up.

As people prepare for economic disaster sure to be right around the corner with the way the US Government is spending money at the behest of President Barack Obama, gold is being sought out by those just interested in surviving. Gold might not be the best investment right at the present time, but it is something to consider as a hedge against inflation since the US Treasury and the President doesn't seem to think there is a thing wrong with just printing as much money as you need.

Since it is a real asset unlike the fiat paper currency the US economy is being run on, it does have real value and can be traded for food, clothing and shelter if things get bad enough.

Don't wait until the economy collapses, go out and get some gold now and save it for a rainy day when things get real bad. That could be a year from now, two years from now or this coming Monday, who knows. But one things is almost certain, it will be bad at some point.