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Two major economic warning signs have recently come to light. You may be tired of hearing about the “doom and gloom” when it comes to the American economy, but when a few major economic players begin making moves like these – you can’t help but take a closer look.  The Central Banks Have Been Busy:

Are these metals poised for gains? Two intriguing factors may point to yes. Let’s look deeper at the recent status of gold and silver, and why a positive change may be on the horizon. Price Plateau The prices of gold and silver have been quite steady for the past few months.  Since May of this

Los Angeles, CA – August Gold futures rose to a two week high Wednesday on a strengthening Euro and weakening U.S. Dollar. Gold rose $23.50 or 1.5% to $1601.60 per ounce after a European Central Bank council member said there are arguments for getting a banking license for the ESM (European Stability Mechanism). Silver futures

Los Angeles, CA – The precious metals complex is trading slightly lower this week after disappointing comments made by Federal Reserve Chairman Ben Bernanke before lawmakers Tuesday. In addition, traders and investors are showing a general “risk-off” mentality Wednesday as factors from “outside markets”, namely a strong U.S. dollar and slightly lower crude oil prices,

The end of the week shows good news for those who have been apprehensive about buying gold and silver. Often times, there is a mentality of waiting to buy these precious metals until they hit or fall below a certain price. If you fall into this group, then now is time to buy. Buy Low