“Gold Update” – Gold Goliath

Posted on :Jul 25, 2014

Gold last reported is $1295.20 up $4.50 and silver is $20.48 up 10 cents.

After two days of continued beatings  by the bullion banks gold hit a 4 week low but is climbing slowly this morning.

As we stated in 2013 we believe gold will finish 2014 between $1300-$1350 spot.

The gold markets and investors have been so openly abused by the fraudulent activity in gold futures since April 2011 that confidence remains very low. It is estimated that the bullion bankers have sold one hundred times more gold than is actually physically available.

Geopolitical turmoil will increase in the coming months as central bankers and governments move to position themselves for the downfall of the U.S. dollar.

As the stock market climbs higher after two years of solid gains backed by Federal Reserve money our economy continues mirroring events taking place 18 months prior to the 1929 crash.

Gold Goliath is not your typical gold dealer.

Visit Us On FacebookVisit Us On TwitterVisit Us On Google Plus