Gold Going Parabolic

Saturday, August 20, 2011

The United States has lost its sterling credit rating of AAA for the first time since it was granted in 1917. And there is even a chance of a further downgrade within the next six months to two years.
The Dow Jones industrial average fell 699 points this week, the biggest weekly point drop since October 2008.
Gold soared to a new high of $1666 per ounce and is now nearing $1700.... what can you do to prepare?