Great Buying Opportunities for Gold & Silver As Market Drops!
Since I first wrote this article on July 7, 2010, when gold was at a 6-week low, gold has suddenly risen and has gained over 4% in less than one month. There is still plenty of time to consider investing in hard gold bullion.
Here is a recent excellent article on the recent upsurge in interest in gold coins as an asset protector. Read first before continuing with my article. 07/30/2010
The gold & silver markets have taken a sudden drop in value since last month. For many, this triggers uncertainty and panic, which leads to emotional selling of your precious metals. My advice to you is two-fold: 1)Don’t and 2) buy more.
Now that the market has taken a tumble due to various technical and fundamental factors, it is a great buying opportunity for gold and silver investors who are in for the long-term scenario. The fundamental strength is still present in the gold market, which, if you have the tenacity for some risk, provides a great buying opportunity if you have liquid cash. You should be able to profit handsomely if you have cash that you will not need for one to three years and you have the patience to ride out this sudden drop in value since last week.
The summer typically is ripe for a slow gold and silver market, as most people are focused on other activities. The analytical charts still point to gold breaking through the $1,300 mark by year’s end.
Traders and investors have stepped in to do some bargain-hunting buying at lower price levels after gold hit a fresh twelve-week low of $1,161.00 on July 27, 2010. As of today, the federal budget deficit stands at 13 TRILLION dollars and rising. The only way to combat this is to print new money. With this new influx of money into our economic system, it will only create a huge run up in inflation, which in turn will lead to investors rushing into the gold market for a safe haven. Hence, gold prices are surely to rise.
If you would like more information on purchasing gold as an investment or a hedge against inflation, please contact Perry Lewin at Decatur Jewelry & Pawn toll free at 1-888-877-4367 or email at








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