Gold at all time high, question is should I hold on to my gold jewelry and silver coins or not? As we all know gold just hit $1700 per ounce….silver headed back to $40 per ounce. That credit downgrade of the USA to AA+ started hitting the markets not just here but all over the Word’s markets. What would be next? Looks like gold did a big jump, everybody likes gold. But how long it will b last?? Don’t know but this crazy projection by whoever did it couple of years ago that gold will hit $1650 per ounce — wasn’t that crazy at all.
I will watching this market closely this week not just the gold and silver front but how the stock will do. Lot’s of us have huge stake because of our 401k plan.
Please note: This article is just entertainment use. If you need financial or stock related advice please consult with your own financial adverser.