“Gold Update – Gold Goliath

Posted on :Aug 11, 2014

Gold last reported is $1308.50 down $1.50 and silver is $20.00 up 7 cents.

Tensions in the Middle East and the Ukraine worsen as nations prepare for what seems inevitable war. Last week the U.S. media reported that stocks rose on news that tensions in the Ukraine de-escalated. This is nonsense being that Russian troops have remained at the border awaiting orders from Moscow.

Washington, the Fed and their puppet media continue baiting investors, mostly working class, that all is well and the stock market is safe. Harsh corrections cannot be avoided.

We remain watchful for a $1300-$1350 spot to finish 2014.

Gold Goliath is not your typical gold dealer.

 

 

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