Saturday, September 10, 2016

Physical Gold And Silver Demand Beginning To Stymie Government Intervention - SPDR Gold Trust ETF (NYSEARCA:GLD) | Seeking Alpha

Physical Gold And Silver Demand Beginning To Stymie Government Intervention - SPDR Gold Trust ETF (NYSEARCA:GLD) | Seeking Alpha



Here is a great article explaining why owning gold and silver is becoming important in spite of the Federal Reserve talking about raising interest rates.  People will own precious metals if they have to pay banks to keep their money with negative interest rates.  The author also mentioned that world-wide demand for gold and silver will prevent any precious metal raids, and this will remain the case regardless of what happens in the U.S.  NUGT and USLV are two leveraged stocks I plan to trade over the coming months.  The article suggested buying silver when it falls to its 50 day average.

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