Silver & Gold Bullion News: Buy Buy silver and gold is not child's play

Posted on | Tuesday, June 28, 2011 | No Comments

Metals Bullion Cache 'and Commodity Week-in-Review for 29 November to 3 December 2010.

GOLD

Cheapest Reviews

Irish formal request for financial assistance from the European Union and the international community was initially risk appetite over the past week, that to save the EU and the IMF provided 85 billion euros for Ireland last weekend. The market reaction to the news was quite anxious to be at best as currency traders are concerned about the possible contagion effects of the sovereignDebt crisis in Portugal and Spain. The euro hit a 3 month low of 1.2968, as it has been found to increase significantly, as a brief addition to the concerns of debt, an increase in geopolitical tensions, when the North Korean artillery hit a remote Island of South Korea, killing several. North and South will refuse to be nice to them. Spot of 'gold has remained optimistic because of the increasing demand for safe-haven asset types, with gold reaching a 3 weeks of $ 1,398.60 an ounce. It 'mostly traded sideways for the whole weekAchieve a minimum of $ 1,353.30 per week, immerse yourself before buying presents. The offer has been linked metal away from major events such as the market awaits the release of non-agricultural wage. The initial data for the weekly initial jobless claims, which increased by 26,000 to 436,000 last week (last week was revised to 3,000, you may see an increase of 29,000). That was worse than the expected level of 422,000. The surprise down a few weeks ago, seems a bit 'like a dream.Initial claims were lower than trend, because they hit a second peak of 504,000 on August 14. The data still says it was very disappointing. Further claims for unemployment insurance rose from 53,000,000,000 to 4.27000000, the publication of non-farm payrolls was an enormous disappointment that was the bottom of this page as traders expect a sharp increase in more than 150,000 ahead of the release ADP busy earlier in the week. The NRP indicates that the labor market remains challenged as seeminglyMost of the workers to take in activities such as has not yet turned in a strong demand for jobs. NFP was 39,000 k compared to 143 000 jobs and the unemployment rate rose to 9.8% eye from 9.6% (forecast). All reports missed, the retailer has been watching to see if others were seized. Spot gold rallied off a disappointing outlook is 4 weeks of $ 1,406.80. Today's news could have a major impact on consumer spending during the critical ChristmasShopping season could send the peak of unemployment, collapse of consumer confidence. The news has sent the rally-green lower back in all major currencies. With that being said, it shows investors that gold is money, and is the ultimate currency. Demand is very strong, central banks and investors to buy precious metals continues. Gold is dissolved and remains the uncertainty in the world, uncertainty and debt problems. Look for the metal to the challengetheir high by $ 1424 and maybe later, before the end of the year. The time to invest in silver or gold is NOW. Visit cachemetals.com buy and review our brochures and interactive guides. Contact one of our experts 1.416.916.6660 or 1.877.916.6670 for a consultation risk. SILVER Spot of 'gold, silver has the highest approval of more new and fresh is 4 weeks from $ 29.32, followed by news of the disappointing. After languishing in the lower range of $ 26.85 forEarlier this week, the gray metal has finally shown its preference for the older brother to that of gold. Strong messages of support from China has given the metal a much needed boost. Prices went to China, has approved a fund that will invest in gold exchange traded funds outside the country, opens the door to mainland investors, negative real interest rates on their bank deposits face and want to hedge against inflation, As first reported by Dow Jones Newswire. In addition tosentiment is bullish GFMS Chairman Philip Klapwijk statement, "Silver prices may be close to $ 35 per ounce peak in the next year and an average of almost $ 30 on strong demand for investment and sustained growth of industrial consumption." While we saw the gray metal a breather in the last 4 weeks of bearish news on the market, a robust an otherwise strong Dow Jones held the metal is very lively. Close to November, the Rally of metal from his depression with an increase in sales overon dips. A sale of US-eagle in relief remains solid despite the sell off earlier this month we have experienced. Silver coins in the world is projected to grow at a robust 23 percent this year to a record of all time released, according to GFMS Ltd. last week, and shooting a little 'concerned for poor employment figures released Friday that figure may be much larger. This week has been absolutely fantastic for the dual role of metal, when it finallybroke through the $ 29 level, especially since this was done on a Friday, when investors usually reduce and closing books after a long week. The question you are presented with the newspaper "is too late to buy?" Say, for nothing! In a bull market as the best approach is to always be ready to buy little by little. In moves like this, we can always expect a pullback, then have the funds available, because these pullbacks do not seem to last very long and timing is everything. Many believeSilver will continue to rise next year, possibly more than 20% and during one of the great advantages is the relative cheapness of silver relative to gold, makes it very attractive for the average investor is not so. Silver & Gold Bullion News: Buy Buy silver and gold is not child's play

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