Gold and Silver Opportunity?
Silver Eagle(United States) Français : monnaie blanche (Photo credit: Wikipedia)
Just picked up some more Silver American Eagle and Gold American Buffalo coins today. US Dollar has strengthened lately on assumption by investors that Fed will raise interest rates soon due to apparent strength in US economy. Unemployment continues to be stubbornly high for a recovery, however, which will bias the Fed's outlook. The stronger dollar has weakened precious metals. Strength recently in US stock market has also trumped safe haven investments. At the same time, nothing has fundamentally changed in Fed policy of easy money and continued long term devaluation of the dollar. This is really the only way to deal with the growing US national debt. Current gold and silver weakness could be a buying opportunity.