By Brad Zigler in Hard Assets Investor:
Last week was definitely a record-setter. Before Friday's Dubai World scare (see this week's feature, "Gold Makes A Near Clean Sweep"), gold prices broke into new high ground vs. the U.S. dollar, the euro, the Swiss franc and the pound sterling.
And in the wake of the pre-weekend shock, our own Monetary Inflation Index soared past its previous high registered in July 2008.
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More on inflation:
Casey Research: Inflation is guaranteed
Marc Faber: Before the big bust comes sky-high inflation rate
Stansberry: CPI numbers are bunk... this is the best way to measure inflation