Friday, June 18, 2010

Got Gold?

Gold right now is busting the charts as it has passed the $1260 mark and has gained 2.5% on the week and is posting gains for the third straight month. Silver is also doing very well and is sitting around $19.20 mark.

Some investors that were preaching of the pullback that never materialized are now scrambling to gold as not to miss the boat and attempt to ride this current high. Have no fear investors, gold is far from done. That I promise.

After reading articles from various outlets today, some are thinking that the precious metals market is a bubble waiting to burst. I completely disagree. The economic world is in complete disarray and this "bubble" is not bursting anytime soon. My suggestion, don't worry about the bubble popping; worry about why you are sitting on the sidelines.

-Blogging4Bullion

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