Gold last reported a.m. is $1196.60 down $11.40 and silver is $15.90 down 68 cents.
Both gold and silver prices continue to be victimized by COMEX and LBMA. We stated gold spot by Dec. 2014 would be $1300-$1350 and unless something unforeseen occurs it looks like gold will stay around the $1200 mark. Gold did reach a high of $1380 plus in March but we saw gains repeatedly wiped out by the bullion bankers.
With big banks being sued this year for manipulation of precious metals prices one may think the banksters would back off. This has not happened.
Our economy is surviving on Fed stimulus and fraudulent accounting that cannot end well for the U.S. working class.
Gold and silver will always be insurance against a sinking currency. While we dare not speculate as to timing we know true math never lies.
Gold and silver prices are at historic lows while the dollar remains on its abysmal course of bowing to a new reserve currency.
Call us today for specials on silver bullion. 1-800-577-3195.
Gold Goliath is not your typical gold dealer.