Gold Surges, Hits New All Time High Of $1,437 After Precious Metals Talked Up During PDAC Conference

http://www.zerohedge.com/article/gold-surges-hits-new-all-time-high-1437

"We expect the sovereign debt crisis will not be confined to Europe and it will eventually spread to the U.S. and Japan ... It seems to be inconceivable that the U.S will be able to continue on its current path and maintain its 'AAA' rating," Klapwijk added.