New meaning to 1000 gold - 1000 Pounds Sterling! 2011-07-18 21:46 BST
There is now a new significance to 1000 gold. When I started this blog, gold was challenging its old 1980 high at $850 in late 2007. It then hit $1000 in 2008 before the credit crunch. One thousand Euros gold €1000 came in 2010 in the teeth of the first real show of the Greek crisis in the Eurozine. Now, today, gold temporarily hit £1000, 1000 pounds sterling, my country's ever depreciating currency. I wondered if this would ever happen, but I didn't expect it in July when it's the off-season for gold usually.