GOLD is turning to SAFE HAVEN STATUS
SILVER also to make headlines soon
http://finance.yahoo.com/news/gold-bugs-patient-time-coming-034014270.html
Coin shops and bullion dealers across America are starting to show signs of interest in gold and silver again. Stop in any coin shop or visit a local coin auction and find out for yourself what is going on now. What will you see? Go look. I was at an auction recently and watched people buy mostly SILVER but some GOLD items and they were almost fighting over the products.
It appears Americans are increasingly nervous and are becoming more aware of dangerous economic conditions that threaten the financial solvency of every working class American. Marc Faber recently suggested that The Federal Reserve is actually creating a TWO CLASS SYSTEM of people here in America. Having thus said we still have a fair amount of well to do people in the U.S.A.
http://news-these-days.blogspot.com/2014/01/the-federal-reserve-is-creating-two.html
I learned recently that many well to do people are making very large purchases of gold. For those who cannot afford GOLD they are resorting to SILVER which is also making some headlines again in the financial news.
Coin shops and bullion dealers across America are starting to show signs of interest in gold and silver again. Stop in any coin shop or visit a local coin auction and find out for yourself what is going on now. What will you see? Go look. I was at an auction recently and watched people buy mostly SILVER but some GOLD items and they were almost fighting over the products.
It appears Americans are increasingly nervous and are becoming more aware of dangerous economic conditions that threaten the financial solvency of every working class American. Marc Faber recently suggested that The Federal Reserve is actually creating a TWO CLASS SYSTEM of people here in America. Having thus said we still have a fair amount of well to do people in the U.S.A.
http://news-these-days.blogspot.com/2014/01/the-federal-reserve-is-creating-two.html
I learned recently that many well to do people are making very large purchases of gold. For those who cannot afford GOLD they are resorting to SILVER which is also making some headlines again in the financial news.
One of two major precious metals dealers that I spoke to reported a $14 MILLION sale of gold in one day and another reported several multimillion dollar purchases of a combination of gold and silver in one business day also.
Signs of a GOLD and SILVER rush beginning
What is going on here? We may be about to find out and it looks like several people who have been warning of the coming financial crisis may not be as far out there as previously thought:
http://news-these-days.blogspot.com/2014/02/gold-moves-into-safe-haven-status.html
Also watch for any news coming out of Dubai and various countries in and around the middle east regarding a large move on hoarding precious metals. There is already a large GOLD market there but what's interesting is this growing market for SILVER never before seen in that region. SILVER is actually selling for double what it costs the consumer here in the U.S.A. For example an American Silver Eagle is selling in Dubai for over $40 in U.S. DOLLARS and at times even $50 and $55.
http://news-these-days.blogspot.com/2014/02/dubai-is-buying-loads-of-silver.html
Another prominent precious metals and financial professional that hasn't been in the news lately is Jim Sinclair. Sinclair who is President and CEO of Tanzanian Royalty Exploration company has been doing some major business deals in Africa. Jim Sinclair is also heavily involved in some far east interests in the precious metals industry. I suspect there's going to be a report coming soon on all of this and by that time the prices will be moving steadily to the upside.
Besides a growing interest in precious metals but there's also a growing concern with recent STOCK MARKET activity and some rather sizable selling that is occurring in larger equities. International known financial spokesman Marc Faber explains some price levels to watch on the S&P500 INDEX and explains his position for signs of a 20 to 30% market correction:
...developing...
Also watch for any news coming out of Dubai and various countries in and around the middle east regarding a large move on hoarding precious metals. There is already a large GOLD market there but what's interesting is this growing market for SILVER never before seen in that region. SILVER is actually selling for double what it costs the consumer here in the U.S.A. For example an American Silver Eagle is selling in Dubai for over $40 in U.S. DOLLARS and at times even $50 and $55.
http://news-these-days.blogspot.com/2014/02/dubai-is-buying-loads-of-silver.html
Another prominent precious metals and financial professional that hasn't been in the news lately is Jim Sinclair. Sinclair who is President and CEO of Tanzanian Royalty Exploration company has been doing some major business deals in Africa. Jim Sinclair is also heavily involved in some far east interests in the precious metals industry. I suspect there's going to be a report coming soon on all of this and by that time the prices will be moving steadily to the upside.
Watch The U.S. STOCK MARKET levels
Besides a growing interest in precious metals but there's also a growing concern with recent STOCK MARKET activity and some rather sizable selling that is occurring in larger equities. International known financial spokesman Marc Faber explains some price levels to watch on the S&P500 INDEX and explains his position for signs of a 20 to 30% market correction:
...developing...
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GOLD price likely to rise to $2,000 and above very soon Updated at :
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Thursday, February 6, 2014
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