Wednesday, January 9, 2013

Highest Ever One-Day Sales for American Silver Eagles?

I've always posited that when one buys gold or silver, one is competing against 3 billion peasants in Asia for said gold and silver.  Now it looks like some Americans are finally catching on.  More buyers entering the precious metals market means rising demand.  In a backdrop where supply isn't growing, "price will take care of itself" - as Kyle Bass correctly stated.

Do not try to time this market.  Gold has gone up for 12 consecutive years.  Those trying to buy, sell, buy, sell are missing the point--and in doing so, are probably generating tax revenue for Uncle Sam.

Instead, BUY RIGHT and SIT TIGHT.

http://news.coinupdate.com/highest-ever-one-day-sales-for-american-silver-eagles-1796/

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