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"And is selling his pot for $200 an ounce in the newspaper, delivery fee included.
Gold for August delivery rose $8.80, or 3.2percentto to $284.20 an ounce in New York.
Gold was up $1.50 at $280.00 bid an ounce in London.
The metal reached $1,103.65 an ounce in late afternoon trading.
(On Monday afternoon it was about $824 an ounce in New York).
Earlier, gold soared to a late bid of $352 a troy ounce in London and Zurich.
On Friday and yesterday, the price fell below $5 an ounce in intraday trading.
Gold prices pulled back again after plunging more than $25 an ounce in the previous session.
Late Friday, gold was bid at $347 a troy ounce in London and $347.50 in Zurich.
Gold for June delivery reached $623.30 an ounce in New York, the highest since December 1980.
Earlier, gold had fallen 11 cents an ounce in Hong Kong and closed at $346.96.
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CEO of Professional Science Editing for Scientists @ prosciediting.com