Gold Price on the march again- and so is silver!
We see that the price of precious metals are again on the rise creeping steadily northwards. There are a number of reasons for this, Inflation is not under control, some European countries are getting deeper into debt and will require another bale out, Japan may have to inject cash into their economy (print money) and the USA are still pumping money into theirs. It all adds up to Gold in particular being a hedge, and sending the price up.
Is this the time to sell? At these prices, probably- as no one can tell the future. If you have old items of gold or silver then bring them in for a price. Do not trust online or postal companies though. We will update our customers on this website of the precious metal situation.
(posted March 25th 2011)
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