Glut Of Paper Money Grows At An Extraordinary Pace

GOLD

As the world’s leading economies continue to bail out large companies and stimulate their countries, the glut of paper money is growing at an extraordinary pace. What can investors do? Buy more Gold...and that is what is happening around the globe. Gold tested support in Asian trading this morning, reaching a low of $1,745 before the buyers took charge. Gold demand outweighs supply and the next leg of this rally, with the price moving over $1,800, is on the horizon. At 11am PT today, Gold is trading at $1,767 per ounce, up $4 on average weekend volume.

SILVER

Silver also tested its lows this morning, reaching $17.40 before bargain buyer investors took charge, driving the price of $17.70 per ounce. Silver continues to take direction from Gold market trading. At 11am PT today, Silver is up $0.07 per ounce, trading at $17.83 on average volume.