Gold And Silver Hit New Highs For Second Time In One Week

Posted: September 16, 2010 in Gold, Precious Metals, Silver

Not shocking, gold and silver continue to climb against a wall of pessimism.  This is exactly what bull markets do, they climb in the face of pessimism.  We all know that gold and silver can be volatile, it is likely the volatility will increase both to the upside and downside.  Long term prices will continue to rise, with the strong possibility of a price explosion in the near future as the dollar’s purchasing power falls off a cliff.  Like it or not the dollar is a doomed currency, at least from the standpoint of purchasing power.  As the purchasing power continues to fall you will see a reflection in gold and silver prices as they go much higher. 

Gold & Silver Hit New Highs..Article Here

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s