Gold (NYSE: GLD) recently “climbed a 3 month high” and people are flocking to the currency in droves. As usually happens when the market is in flux, people are seeking the security of their favorite shiny metal. It’s a little crazy to me that all money is just an agreement between people to give value to essentially valueless things. I mean, when it comes down to it, you can’t eat gold and you can’t really shelter yourself with gold (unless you’re Kanye West. I wouldn’t put that past him. He might even be able to eat it, for all we know) But, such is the world we live in. Because of our sense of security with gold, it is rising. I would think that as long as things stay volatile, it will continue to do so. Of course, people are looking to the Fed’s next decision before they act. I say, screw the Fed. Interest rates only affect so much. If people are legit afraid we are entering a recession, gold is where it’s at and that’s how it will be for the foreseeable future.