“Both Metals holding gain this Morning” – Gold Goliath

Posted on :Oct 07, 2014

Gold last reported a.m. is $1211.30 up $4.20 and silver is $17.23 up 39 cents.

Bad economic news coming out of the EU will continue to strengthen the U.S. dollar as investors look to protect assets.

This will place downward force on gold and silver but our outlook for 2014 remains $1300-$1350 spot price for gold.

Both metals are selling in record numbers as a large upswing in prices is inevitable in the near future. Mines will not produce gold and silver at a loss for more than 3-6 months.

Gold Goliath is not your typical gold dealer.

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