Silver and Gold Bullion News – The Economic Collapse Update – Prices & Charts
Where are Gold and Silver Prices Headed?
May 16th 2013 – Today’s Video Update – Another Gold and Silver Smack-Down Possible
Update by Expert Commentator Greg Mannarino
Welcome to Gold Metals & Bullion, your news source for gold and silver prices. We provide silver and gold price charts and the latest economic news. We work to bring you the latest breaking news on the economic situation, as it unfolds. We make it easy for you to get all the news in one place by compiling all the videos from top gold price forecasters on one website.
GOLD AND SILVER PRICES TODAY:
WHY INVEST IN GOLD AND SILVER BULLION?
It is now clear that the worlds financial system is getting into a critical area and the only solution for the Federal Reserve is to print more money. This leads to the destruction of the value of our currency. The silver and gold prices have increased tremendously over the past ten years in response to the instability of the status of the United States dollar.
Many experts such see a world financial crisis in the likes that we have never experienced before. “Taking your money out of the dollar and putting it into coins and bullion could be the safest thing you could do with your life savings.” says leading economic forecasters.
Many people are moving their money into silver and gold bullion coins in order to hedge against the deflating value of the dollar. As the value of the dollar declines, gold and silver prices rise. It is not that the silver or gold price is increasing, but the value of the dollar is declining and it costs more to buy precious metals.
We will work to provide you with the latest silver and gold price forecasts from leading precious metals experts. Keeping you updated on all the news that can effect your precious metals investments.
REASONS WHY SILVER PRICES WILL INCREASE
1) The dollar is being devalued and many countries are dropping the U.S. dollar as their trading currency. This may cause a flight out of the dollar and a run to precious metals such as silver. Silver as an Investment at Wikipedia.
2) Silver is used for industrial purposes. Silver is the highest conductor of electricity and is needed for solar panels, cell phones and computers. The demand for this precious metal will cause silver prices to rise over the coming years.
3) Silver supply is in short. They simply cannot keep up with the demand.
4) Silver is used for medical purposes such as colloidal silver anti-bacterial therapy as well as silver is used in X-rays. This will keep demand high and silver prices high.
____________________________________________________________________________ Legal Disclaimer: We are not financial advisors and do not recommend investments. All visitors required to do your due diligence before purchasing gold and silver bullion. We attempt to provide accurate prices for gold and silver. We do not guarantee accuracy, but do our best to provide the most up to date information. The gold and silver experts featured on our site are separate from our website and do not own this site. We do not claim to be any of our expert forecasters but place their videos on our site to assist investors who are looking for economic updates.
We have compiled important videos from different financial experts on the economy, silver prices & gold price forecasts, all on one site, to help you survive and prosper during the economic turmoil.
Max Keiser View New Videos "Keiser Report" is a no holds barred look at the shocking scandals behind the global financial headlines.
Greg Mannarino View Videos
Dedicated to helping people become aware, expose the truth, understand, prepare, and profit from the coming global economic collapse.
Peter Schiff View Videos Schiff is known for his bearish views on the U.S. Dollar and Dollar-denominated assets and his bullish views on investment in precious metals, foreign stocks, and foreign currencies