Gold Proving To Be Investment Of Choice

Gold Proving To Be Investment Of Choice

GOLD

This morning as the world’s equity markets dropped, Gold finally decided it was the investment of choice. Gold held around $1,500 in overnight trading, but when Europe opened the Gold price started moving higher. The Federal Reserve promises today an unlimited amount of money to prevent a deep recession. At 11am PT today, Gold is up $74 per ounce, trading at $1,559 on excellent volume.

SILVER

Silver rallied with Gold this morning, moving back to the $13 per ounce level. Physical Silver investment products are still in short supply, as demand grows and premiums increase. At 11am PT today, Silver is trading at $13.19 per ounce, up $0.74 on excellent volume.

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