Don’t Be Suckered Into Selling Your Metals…

Silver Bullets
  • Why is The Price Of Gold & Silver Declining So Much?
February 20, 2013 5:15 pm est

Feb 20th 2013 12:15 est

Gold Bull Market `Still Intact’ Says HSBC’s Respected Steel – Here’s Why…

As long as the economic landscape has not changed, and it hasn’t, Don’t sell your metals! Dollar cost average down!

1) The yellow metal is being bolstered by Asian bargain hunters and prices usually fall off when their markets close.

2) The RSI or Relative Strength Index which has fallen below 30 since late last week shows that the market has been oversold.

3) Investors will examine the wording in the minutes of the U.S. Federal Reserve’s latest policy meeting, due at 1900 GMT.

4) Negative real interest rates is supportive of gold bullion going forward  and also there is still uncertainty in the currency markets and gold is an alternative form of currency.

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