Physical gold silver and platinum is very diffiuclt to obtain and trading at huge premiums over spot. One ounce silver American Eagles are selling for $20 each or $360 for a roll of 20. Silver is under $10 an ounce on the exchange. Gold American Eagles are trading at over $900 and spot gold is under $750 and platinum 1 ounce anything is trading over $1200 with platinum under $850 an ounce on the commodities exchange. There is no change in sight. The physical product is trading at much higher prices and something has to happen. It is our prediction that the metals will rise to a price that will cause the supply to flow again. Silver over $20 Gold over $950 and Platinum over $1500 and rising. If you buy physical product your downside is very limited. Stay out of the futures as the Big boys will take you down. Bradley B Mugar anaheimjewelry.com Bradley B. Mugar Business Owner Anaheim Jewelry & Coin
888-476-5397 (toll-free) 714-974-6362 (local) 714-345-8906 (mobile) 714-998-6067 (fax) check our web page at anaheimjewelry.com
I hate to admit it because I have a nice long physical position in gold and silver but it feels like it's going down and this article shows that that feeling is well founded based on the Yen dollar and gold as comparisons. I thought maybe Interest rates and a possible down trend in interest rates would help the increase in gold but this article shows that has little to no merit. BIGDADDY
Gold's Relative Appeal [View article]
Bradley B. Mugar
Business Owner
Anaheim Jewelry & Coin
888-476-5397 (toll-free)
714-974-6362 (local)
714-345-8906 (mobile)
714-998-6067 (fax) check our web page at anaheimjewelry.com
Short-Term Correction in the Commodities Bull Market [View article]
Did Oil and Gold Top? [View article]