Gold and Silver prices predictions Up/Down?

[steve B]

I was surprised when my brother told me Gold was higher than Platinum. It was almost always the other way around

It was also typical that whenever there's crazy stuff going on with any major country Gold increases.

[BioCRN]

Originally Posted by steve B

I was surprised when my brother told me Gold was higher than Platinum. It was almost always the other way around

It was also typical that whenever there's crazy stuff going on with any major country Gold increases.

Aside from the reason I decided to enter the market above, there's many forces pushing on gold right now.

A big one is China is maneuvering to bolster their economy by storing gold and it's assumed they want to further open a system for other countries to have and store (in China) part of their central bank gold stores without actually having to purchase, move, and store gold locally in their countries. China is a much more safe and stable place than some countries, and they also mine a hell of a lot of it domestically.

We could dive deeper into other things, too, but the US disrupting the world economy and it's impact on world debt/currencies/etc...and China suddenly snapping up a lot of gold in what some assume is an expansion of their foothold in the world economy are heavy players.

What gold has done in the past 10 months is alarmingly not natural to the way the world economy should work.

To all of us profiting on it, and got out in front of it...salute, and enjoy your market exit whenever you choose to cash it in.