Something is happening in the Gold and Silver markets. Both shot up pretty dramatically about 11:20 ET or so. Looks like they might be pulling back a bit now though...
For the 2nd time in history, and there have been only 2 times in history, gold closed over 700.00/oz for 5 days straight. I think this may be significant. Paul
Gold is holding strong around $700, where there is certainly going to be significant resistance. If you look at the ratios, silver is still undervalued in relation to gold. But, those ratios don't always hold.
I'd like opinions on the most economical ways (and places) to buy gold and silver bullion. I believe that gold is going to continue to rise, but I'd also like to buy silver as a longer-term investment. Thanks everyone. By the way, with regards to gold, I'm only talking about buying a few ounces for now.
For silver coins, look at http://www.nwtmintbullion.com/silver.php For large silver purchases, look at http://www.fidelitrade.com/ I have never done business with either company so I can't vouch for them. Look at the websites and call them if you think you are interested. But superficially they are two of the least expensive sources of silver bullion.
