Tuesday, August 30, 2011

Gold breaking through 1800 again up almost $40

Gold breaking through 1800 again up almost $40 on news that the FED neds more stimulus : Phil Streible, senior market strategist at MFGlobal, says that today's rally sparked by Chicago Fed President Evans isn't sustainable. Streible is bracing for a correction.As long as we maintain below the 1840 level you want to look at the short side if we break above 1840 that's the resistance I think we will go back up and we will retest the highs at least 1900 , so that's my line in the sand says Phil Streible .

Monday, August 29, 2011

Perth Mint Australia - Silver Bullion Unboxing

I've received a shipment of silver today and decided to share the unboxing with my viewers. The package includes 2 units of 99.9% Pure Silver from the Perth Mint Australia. Purchased at $357.00 per bar in late February 2011 .Investment in precious metals will always be worth something, even when money is diluted so much that everything costs a fortune, silver and gold will remain salable at a nice amount! :) The way prices are going, it'll be a very worth while investment! :) 4 months ago silver was selling at $26 per ounce, now it's $36, so things are looking u,The problem I have with the Perth mint is that they are too expensive !  They must love their metal more than the rest of the mints around the world

Gold to $5000/oz within the next five years

Gold to storm all the way up to $5000 an ounce over the next few years , you have people like Steven Forbes predicting $5000 Gold in the next five years and he also predicts that we will back on the gold standard , within five years . , congressman Ron Paul also predicting $5000 an ounce gold or even higher and he says that he is not purchasing gold for profit but as an insurance against the coming hyperinflation ....

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