Gold Price Close Today : 942.50
Gold Price Close Yesterday: 926.20
Change: 16.30 or 1.8%
Silver Price Close Today : 18.20
Silver Price Close Yesterday: 17.42
Change: 78 cents or 4.5%
US Dollar Index Today: 72.37
US Dollar Index Yesterday: 72.46
Change: -0.08 or -0.1%
I know y'all are anxious to hear what I have to say about silver (up 70 cents) and gold (up $16.20), but I'm going to torture you by talking about everything else first.
STOCKS, whether you look at the Dow, the S&P500, or NASDAQ Comp, look sorry. If they do rally -- maybe when they hit 10,000 -- it won't be a stimulating show. Swap stocks for silver and gold, while you still can.
The US DOLLAR INDEX dropped again today, about 10 basis points to 72.37 last I looked. The Dollar now has entered territory where one slip of the foot (?buck)will end in a terrible fall. It hangs in the balance, and I don't know which way it will flop. Where are those Nice Government Men when a market needs manipulating,anyway?
Suspense has ended in the silver and gold markets. The GOLD PRICE rose 16.30 today, smashing through the old US$928 high to close at US$942.50. The SILVER PRICE jumped a massive 78 cents to close at $18.20, just four cents below its old high.
What meaneth this fury? That silver and gold prices have proven, most dramatically and unarguably, that their correction has ended and they have launched a new rally. The only small piece needed still for that puzzle is a silver price close above $18.24, which tomorrow should see.
Oh, yes, there's a chance the short sellers will creep out of their holes and dens in the ground and attack tomorrow, but silver and gold will beat them back, whether tomorrow or the next day, fear not. US$1,000 gold price and $21 silver price are clearly seen on the horizon.
Don't mess around. This is your last chance to buy gold and silver at these prices. Big moves ahead -- big moves.
A couple of housekeeping matters:
First, my son and his wife, Justin & Ellen, took my
grandaughter Caroline up to Nashville today for
her heart surgery tomorrow at Vanderbilt. I deeply
appreciate your prayers for her, more than I can convey
Second, anybody who owns one ounce silver rounds can
tell you that there are some dog-ugly ones circulating out there.
So when my friend Larry LaBorde showed me the Confederate
general rounds (Lee, Jackson, and Forrest) he had commissioned,
I gasped. Fine design, frosty images and shiny proof surfaces,
and on the reverse the Great Seal of the Confederacy, a product
I would be proud to purvey, 99.9% pure silver, one full ounce.
I ordered a big bunch of them, and want to make y'all an offer
good for today alone, with three choices:
(1) Three rounds, one each of Robert E. Lee, Stonewall Jackson,
and N. B. Forrest, for $21 each plus 4.50 shipping or $67.50 total.
(2) Rolls of twenty rounds each, all one general, for
$19.80 coin plus $10 shipping or $406 total per roll (we'll
charge a little more for shipping each additional roll up to
a max of $25 for nine rolls)
(3) Ten or more rolls for $19.40 per round or $3,880 + $25
shipping, or $3,905 total.
How to order: To order fewer than 200 rounds, just send
us an e-mail by noon Central Daylight time on 2 July. We will
respond with a trade number. In your e-mail be sure to send
us your name, street address, and phone number (we can't
ship silver to an e-mail address!), Please mention goldprice.org.
Email us at [email protected]
To order 200 rounds or more, call us at (888) 218-9226.
You must call before 12:00 Central Daylight Time. If you get
voice mail, leave a message, That counts. Please mention goldprice.org.
CONDITIONS: we have only 1,700 rounds. When
those are gone, they're gone, and we'll have to sell at
current market price only. If we have to backorder, delivery
will be twelve (12) weeks. All our other usual conditions of
Argentum et aurum comparenda sunt -- -- Gold and silver must be bought.
- Franklin Sanders, The Moneychanger
"Buy Silver and Gold Coins at the Best Prices"
To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold's primary trend is up, targeting at least $3,130.00; silver's primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary trend down; real estate in a bubble, primary trend way down.