I have been watching Gold and Silver quietly and patiently for the last couple of weeks. Both are way down from recent highs, but I think they have leveled out and it’s still a bargain hunters market right now. Gold is back to $1650 and silver is sitting at $30.86 an ounce. Silver has been moving slowly lately compared to Gold, but I think it will return to it’s previous $40 range quite easily and in a short time. That is huge return for buyers at the $30 price point. Take a look at the deals at StraightSilver.com. For 1 Oz Silver Round, .999 Fine Silver bullion the price is $33.71 and APMEX 1 oz silver round is going for $35.80. Shipping is also a lot more at APMEX. Check out all the silver offerings including Silver American Eagle Coins at StraightSilver.com Coupons.
Gold prices continues to climb today and it’s sitting very close to $1900 at $1890 an ounce. I thought we would see some profit taking and selling today as the world markets are a little bit more stable, but that’s not the case. The European Union debt crisis, along with new civil unrest in Libya seems to be a major market factor pushing gold as more and more people run to safe haven gold. The Libya situation and EU debt crisis are both bullish for Gold Market. So much for trying to buy the dip. I was sure after last weeks record trading that a slight dip in price would be available today. Take advantage of low above spot pricing at APMEX.com if your looking to add some gold bullion to your portfolio. Get full list of APMEX deals at APMEX coupons.
I think gold prices will easily break $2000 an ounce within the next 12 months. You can put some money into gold even if your budget is small. I recommend APMEX.com for gold bullion, because of pricing, customer service and guarantee that you won’t get ripped off. Also they have lots of products starting from as little as little as 5g of gold and up. They also have ongoing deals often that you can get at APMEX coupons. Currently Gold is trading at $1873 an ounce and it may take a dip from profit taking and/or a possible correction from it’s recent sky rocket in price, but I’m confident that it will be short lived. Global economic slowdown will drive investors to safe haven gold for at least the next 12 if not longer in my opinion. I hate to say it but the economy is bad and the markets are crashing. US economic data continues to be poor. Gold is a safe place to park your money. Get full listing of available APMEX deals at APMEX coupon codes.
Once again new record highs for Gold. Silver is also doing great and back over $40 an ounce. APMEX coupon is available for 100 oz silver bars for very low above spot on for Engelhard or Johnson Matthey 100 ounce silver bars. There are so many factors that are driving people to Gold as a safe haven for their money its unbelievable. I actually thought that Gold would drop a little after the debt ceiling deal was struck, but the European Debt problems quickly took back over. The US economic numbers also continue to be poor and people are starting to realize that the US is in bad shape. The large firms like JP Morgan and other analyst are estimating prices around or between the $1750 - $1800 an ounce of gold. Lock in to safe haven Gold with low above spot pricing and 100% satisfaction guarantee at APMEX.com. Check out listing of their deals at APMEX coupon Codes.
Just read an interesting article by an analyst. It is suggesting the Gold Stocks will likely start to take over and start outperforming gold. For the last year gold bullion returns have been higher then gold stocks. Gold has been one of the top performing asset classes this year so far. The sentiment is that the flow of cheap U.S Cash is slowing, boosting miners margins. Gold stocks are benefiting from near record high gold prices. Gold stocks have fallen quite a bit, but they should also see a boost with market sentiment getting better. I’m not sure that Gold stocks will outperform Gold for the remainder of the year, but I do think that their are some great deals on Gold Stocks out there. I personally think that all stocks will be under pressure because people are still a little fearful. Gold stocks should see some good returns and worth a look. They have much lower valuations then they use too and margins for gold companies are growing. Holding some stock and physical gold is probably the smartest move and I think both will bring positive returns. For physical metals I would take a look at APMEX.com(low above spot pricing and deals at APMEX coupons), and great place to trade for free is TradeMonster.com(they have commission free trading for 30 days with TradeMonster promo available at TradeMonster Coupons)
