Join Guildhall at the upcoming seminar Saturday May 5th, 10 AM
Silver closed above $17 a few times this week and gold rose above $1,350 which is a bullish change to be sure. The ratio 80-1 on silver to gold has finally broke down and it has represented at jump of silver from the low $16 range to above $17 per ounce. For those looking to acquire silver or gold for the first time should look no further than Guildhall Precious Metals Gold Silver Platinum Palladium Bullion where you can select the LBMA approved products of your choice at competitive prices.
Two bullish articles were published in Bloomberg this week. One regarding Fund Manager Fritz Folts’ decision to move 3EDGE Asset Management’s portfolio into gold, siting market volatility and rising interest rates. The other by David Fickling reviewing the reasons why silver looks very bullish at the moment; high ratio, how commodity markets can move at lightning speed, and it’s current low price levels.
Ontario has been downgraded to negative amidst a lowering real estate market, rising gas prices, and looming debt issues. Darren points out how gas prices were stunningly high when oil reached over $140 per barrel, and yet gas prices in Ontario are at the same prices today with oil trading under $70 per barrel.
Color diamonds are part of the tangible asset strategy to protect and grow wealth. Guildhall is going to demonstrate how to ensure that the diamond you purchase will be a lasting investment.