Gold set to rocket higher and break new record high today: gold and silver ETFs

Looks like gold is setting up for a run at the all-time high of USD $1432. It is currently trading at 1422. The instabilities in the middle east, now with Iran being added to the lot, is certainly helping lift prices.

More impressive than gold itself are the gold and precious miner ETFs, which we track live here.

Please see the performance charts:

 

AGQ is mightily impressive with a return of 491% since 2009, followed by two other silver ETFs, DBS and USV.

We eagerly await what the day, and the month, will bring.