Gold took a hit today and silver went down with it as the dollar broke above 95 like I was expecting it to.
The markets may have turned south now for a bit so this should also help treasuries and the dollar and this rush to safety won’t head the way of gold just yet. Gold is the ultimate wealth and ultimate safety but there first must be a contraction in the markets, bonds, and most every other asset first.
Please take a look at my most recent article on Seeking Alpha.
Is Silver Really in Short Supply?
Doug Eberhardt is a 28 year financial services veteran and precious metals broker selling gold and silver at 1% over wholesale cost. Doug has written a book to help investors understand how gold and silver fit into a diversified portfolio, how to buy gold and silver, and what metals to buy. The book; “Buy Gold and Silver Safely” is available by clicking here Contact phone number for Buy Gold and Silver Safely is 888-604-6534
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