Andrew Gordon says major investors are being forced to liquidate assets to raise cash meet margin calls.

Gold prices closed up $70 yesterday – the biggest one-day spike since 1980. This marked a sharp reversal from a two-month correction that shaved over 25% off the price of the precious metal.

David Galland says profit taking by institutional investors has ‘trampled’ metal prices. But the deepening crisis on Wall Street, geopolitical tensions and a traditional September bounce could send gold soaring back towards $1,000 an ounce. David says this could “happen literally almost overnight.”

Here’s a no-brainer long-term investment strategy to stick to: buy and hold resources now.

“Who cares about gold? It is the epitome of human stupidity. A metal that is dug out of the ground at great cost to be reinterred in bank vaults as a protection against the same stupidity as caused it to be dug up in the first place.”

On August 11, the price of gold collapsed: down over $30. So did the price of silver, platinum, and palladium. A lot of people are asking why.

In a piece entitled, “Wall Street: Three cheers for the bear”, CNNMoney.com looks on the bright-side of the bear…

The dollar’s decline against the Euro and other major currencies has dominated the financial news. In the past two years the Euro has gained about 25 percent against the dollar and the Wan about 18 percent since 2005.

Gold may be even more precious than we think. During the last several years, mining companies around the globe have discovered almost no new large-scale gold deposits.

“Captain, we’re running out of fuel!” “Don’t panic! Just burn up what little we have. And burn it faster!” Gordon Brown, crisis buster extraordinaire, has a solution to the energy crisis. Are you ready?

This time the not-for-profit sellers showed up shortly after the London open and promptly dropped the price of gold about $20 for the second day in a row…and silver for about 40 cents.

If the correction in gold is over – gold fever is about to hit. Sub-growth has become the norm in the United States…inflation is just a fact of life. The Century of the Emerging Markets…a new gold rush in California…and more!