Gold Sells For $1017 A Barrel

October 5, 2009 by · 1 Comment
Filed under: Economic News 

I wouldn’t have believed it if I didn’t see it but, the Yahoo Market Update at 2:00 pm today stated that gold was selling for (the update may have updated since posting this link) $1,017.60 per barrel as you can see from the screenshot below:

Gold At $1,017 Per Barrel

That’s about as cheap as gold will ever be and if I were you, I’d run out and buy several barrels full before the price goes up. I think a barrel is 55 gallons, so you are getting gold for about $18 a gallon. You can’t beat that. We’re all going to be rich.

If only it were true.

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