For quite awhile now I have said to watch the dollar for clues on what gold would do and we finally broke lower on Friday and today broke even further lower. Gold has responded positively and has finally closed and is staying well above the $1,250 mark.
Silver has been leading gold up of late and is full on bull mode.
Nothing will go straight up but for now things look pretty good for precious metals.
We’ll ride along with them until we some strength return to the dollar, which will come at some point.
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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