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Great Value for Gold Investors Today

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Gold prices are down again today almost 1%.  As of a couple of minutes ago it was down $14.60 an ounce with a gold spot price of $1662.80.  Gold basically gave up all it’s gains from yesterday.   This volatility in gold is great for gold bargain hunters and these price dips down towards the $1650 an ounce creates a better value for gold investors.  I think that anything under $1700 an ounce is worth holding some gold for long term investors.  Especially if you have not gold in your portfolio and are looking to diverse into some gold holdings, I think now is the perfect time.  If your looking to jump in check out the low above spot pricing and shipping deal at Silvergoldbull.com Coupons.   They are offering a half price shipping on orders between $2499 and $5000 and free shipping on orders over $5000.  $50 may not sound like much, but the on a couple ounces of gold your adding anywhere between $10-$20 to the spot price.  I think gold will be up and down between $1650 – $1700 for a little while and accumulating it while it’s closer to $1650 should pay off.  Once it makes it past the $1700 mark, which I’m confident it will this year, we should easily be able to test the $1800 an ounce mark.  Just about all the analyst / bank gold guys that I have read are guessing the same thing, even with all their new lowered numbers on 2013 Gold price forecast.  Silver is in the same boat as gold and if your asking me what I think is a great price for silver, I would say around $31-$32 an ounce.  My outlook on silver that is around the $34 an ounce this 2013 year and this is slightly or similar to what most banks . analyst are forecasting as well.  If you can get it for $31 and sell it at $34 that about 10% return, which isn’t too shabby.


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