Friday, August 6, 2010

Gold: Solid In Times of Uncertainty

Looks like gold is shooting its way back up this morning. Currently the price is up around $12.70 which is due to reports of a weakening US dollar and the Labor Department's disappointing jobs number for the month of July. Silver is up as well and is hovering around $18.49 - $18.60

As in some of my previous post, those thinking or counting on the precious metals market tanking are dead wrong. Sorry fellas, the gold bubble is not bursting anytime soon. If you spend 30 minutes or more just reading the reports on the economy, the state of this nation and the world, it is almost impossible to see how things are going to turn around thereby causing the precious metals market to be a shaky investment. In fact, the research shows the opposite.

The time is now to start taking a good hard look at things and start protecting your wealth.

-Blogging4Bullion

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