Posted by David & Eric Coffin - Hard Rock Analyst Journal

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Gold has continued to set new records in the December 2010 Quarter, recently breaking through the US$1,400/ounce level.  Currently (December 8) it is trading at US$1,395/ounce, after an all time high of US$1,423.75/ounce (December 6). Overall, the gold price is up 11% in the last three months, and in the last twelve months, it is up by 24%.