Sunday, September 16, 2012
Wednesday, August 22, 2012
a new breakout to the upside has begun!
Finally gold has changed directions and has hit a four month high last night in Asia of 1642. the dollar vrs Euro is still the driving force, gold has been following the euro for many many months. The world seems content with the ecb smoke the Draghi has put out concerning Euro bond support of the spanish economy and now that Germany is on board everything is fine right? Nothing has really changed except more printing which will drive metals up up up. We are still the least expensive place to buy large quantities of gold and silver, and no one pays up to 94% for your gold scrap. Come see why we are the biggest and the best. We are now buying large quantites of gold plated pins,fingers and any kind of gold electronic components procers memory connectors,why ship out when yo can get cash today
Wednesday, May 9, 2012
We are in the middle of some major world shaking financial and social events.
The fact that every asset class from gold to oil is falling means this is quite different from previous simple corrections,We are in the middle of some major world shaking financial and social events. Partly from a communist who was just elected in Greece and a socialist now president in France, all the Europe woes are returning with a vengeance and their destructive power leaves no place to hide. Conserve cash till clarity appears on the horizon. Only buy small amounts of precious metals because the free fall is not even close to over.This is my opinion of whats happening. Marvin
Where is Gold Going Up Down or Sideways?
By now, most are wondering if gold will hit $1400 an ounce or $1800 first? I personally believe we are on the fast track to $1400. Why? As of December 28th the Euro hit $1.26 and gold went to $1520. From what I see gold is tracking exactly in tandem with the euro.
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