Gold Surging

If you missed the chance at getting into gold, well forget about it now. Gold is surging up $25.20 at $1084.80. Silver is right behind up .78 at $17.25. For any potential buyers, it is time to wait for the next correction, because the train has left the station on this one.

Media Buzzing About Gold Prices

As the dollar continues to sink, the price of gold continues going up. This week the Chinese commented they are concerned about the continued printing of more US dollars. Least we not forget the Chinese are nearly as powerful as we, because they hold our debt. Now when they talk, investors are listening and this means trouble for the US Dollar and good times for gold. Add in the fact it appears some form of health care reform is coming, one the United States cannot sustain, and the outlook of the dollar is bleak.

Do a Google search this morning take a look at what's coming up. I wanted to link on here but there is some bug keeping me from linking.

Be Prepared for Temp Drop in Gold

Not a lot of time today. Something to keep in mind is to start stockpiling some extra cash. There is some chatter that gold price will take a big drop, so be ready. There really is no reason to believe any drop will have a long shelf life. In fact all the signals point towards the continued rise in gold prices. However, if there is a drop have some cash on hand and jump into gold.