Gold prices hit record highs at $1,180.00 an ounce in Europe on Wednesday, boosted by a report that India may consider buying more bullion from the International Monetary Fund, and the weaker dollar.

Gold recovered earlier losses and rose to a fresh record high Friday with the momentum which has lifted prices more than 9 percent this month after reports of central bank gold buying.

Billionaire John Paulson is investing as much as $250 million in a new gold fund next year.

At a time when local officials coast to coast are frantically slashing municipal budgets, furloughing employees, and trying to soothe recession-wounded constituents, Curtis Calder, the city manager in Elko, Nevada, has a hard time coming up with much to worry about.

They have arrived! The long-anticipated updated version of the GPAA Claims Club Mining Guide is now ready for distribution! 

As seen on Outdoor Channel. Recipe available here.