1811 Capped Bust Half Dollar
Saturday, July 5, 2014
Paper Trading Rules the price of Gold-Silver
Until conditions overwhelm the system for the price of Gold and Silver paper trading will rule the prices. The productions costs at mines will of course rule the bottom price but expect fluctuations with rising prices as traders will use massive paper trades for profit taking. For us common folks we must accept that and play the system that way. Rising prices never go up in a straight line. There may be a day however when it could take a huge jump up if our financial system takes a hit. Until that point, if one can play the ups and downs ( purchasing precious metals or trading ETF`s ) as tricky as it is, looking at charts history can be helpful. At this point without something to stimulate the prices up it will take massive buying to overwheln the big trading. In my opinion figure on more fluctuating prices.
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