Precious metals down today.
Oh no! the sky is falling, the gold bubble has burst! Look out below!
At least that is what the gold naysayers want you to believe. Don’t buy it. In the past we’ve seen gold hit a new nominal high only to fall back from there in a profit taking by those daily traders looking to profit from volatility. Don’t get swept away in the fear.
Right now I’m tracking gold and silver’s spot prices and gold is $1,381.10. Silver $28.10.
The bull trend in my opinion continues.
Here are several must read items today that relate to economic issues and therefore gold.
Map Of U.S. States By Home Foreclosures – I know that coyotes are occupying many of the vacant homes in Florida. Yeah, the canine variety.