First, when confronted with a choice, consider that billet aluminum is typically superior to cast aluminum in strength and surface quality. That can be important when shopping for components to use in high-stress locations or when your customer desires the very best surface finish. When considering strength, remember that not all billet aluminum is the same. Again, extruded billet is stronger than billet stock, and forged billet is stronger than extruded billet.
CHICAGO -- The new gold rush is on. The price of the precious metal is soaring, hitting a record $1,119 an ounce on Wednesday -- confounding market analysts who thought there was no way gold would remain so expensive when it first cracked the unheard-of $1,000 mark last year.
WASHINGTON TWP., Montgomery County -- Gold shines brighter than other assets of value in times of fear and uncertainty. With economic recovery from the Great Recession slow and uneven, the precious metal is topping $1,300 an ounce, a historic high against the dollar. As if to illustrate the situation, on Thursday at the International Diamond Jewelers outlet at 5949 Far Hills Ave., James, 27, of Centerville arrived. He asked that his last name not be divulged. He's a laid-off electrical engineer with a home in Centerville and a 5-month-old to support.
Sinfully seductive, gold almost looks good enough to eat. It shimmers in bullion. It coos like a songbird perched on her wedding finger. It inspires melodies and mayhem. And when the going gets tough, as the going has gotten in financial markets all over the world these days, gold gets ever more golden. Part inflation hedge, part emotional touchstone, this most mesmerizing of metals continues its gravity-defying climb, jumping 300 percent since 2000. At the beginning of June, it hit an all-time high of $1,254. It then dropped a bit but still has outperformed stocks, bonds and other commodities this year. As financial markets around the world creak beneath mountains of debt, everyone from central banks to individual investors have jumped into gold.
CHICAGO - The new gold rush is on. The price of the precious metal is soaring, hitting a record $1,119 an ounce on Wednesday - confounding market analysts who thought there was no way gold would remain so expensive when it first cracked the unheard-of $1,000 mark last year.
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