Gold and silver down, a bargain gift to buy low.

Absolutely nothing has changed regarding the fundamentals of gold which remain as sound as ever with broad based demand from store of wealth buyers, institutions and central banks internationally, and especially in Asia. The financial crisis in Europe has not been resolved and the staggering level of debt in the USA will ultimately become unsustainable. While I have no doubt there are many traders out there who got burned by the latest price take down, prices will soon recover and test $1800 an ounce level.

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