Los Angeles, CA. – Morgan Gold - After starting the year at $1,096 an ounce, Gold is on the verge of posting its tenth consecutive yearly gain th
is Friday morning with the Gold price surging to a record high of $1,421.30 an ounce. Precious metals are receiving a boost from the weakened U.S. dollar, which declined for a third day in a row against the euro.
If the Gold price can hold onto its gains it will set a record all time closing high surpassing Gold's record settle on Dec. 6 of $1,416.10 an ounce, a fitting close for 2010. The price of Gold's intra-day high stands at $1,431.30 an ounce and was struck on December 7 and if the price of Gold continues at its current momentum it could take out this record today.
The Silver price continues its advance into the New Year alongside Gold, closing in on the $31 an ounce level for the first time since 1980. The price of Silver has surged 47 percent since September 21 and over 80 per cent for the year. The Fed’s monetary policies are driving precious metals prices higher as we move into 2011 and the number of individuals calling for greater Fed scrutiny is rising as well.
Congressman Ron Paul of Texas will be assuming the chairmanship of the Domestic Monetary Policy Subcommittee in January, directly overseeing the monetary policies of the Fed. Dr. Paul, an advocate of the Austrian School of Economics, and the author of 'End The Fed,' has been one of the Fed's harshest critics for several years.
Paul has vowed to continue his pursuit of an audit of the U.S. central bank and an examination of the country's Gold reserves. "I think they're way too independent. They just shouldn't have this power," Paul said. "Up until recently it has been modest but now it's totally out of control."
Invest in physical Gold and Silver bullion and protect your wealth in 2011. Widely recognized Gold and Silver bullion coins can be bought and sold quite simply at Morgan Gold and they can be easily stored in a safe-deposit box if you desire. Did you know you can add Gold and Silver bullion to your IRA?
It's true, and it's a safe and effective way to start investing, just call 1.800.585.1773 and speak to a Gold and Silver investment specialist at Morgan Gold today. Ask about our Sterling Trust Precious Metals IRA. Have a Safe and Happy New Year from all of us at Morgan Gold.
If the Gold price can hold onto its gains it will set a record all time closing high surpassing Gold's record settle on Dec. 6 of $1,416.10 an ounce, a fitting close for 2010. The price of Gold's intra-day high stands at $1,431.30 an ounce and was struck on December 7 and if the price of Gold continues at its current momentum it could take out this record today.
The Silver price continues its advance into the New Year alongside Gold, closing in on the $31 an ounce level for the first time since 1980. The price of Silver has surged 47 percent since September 21 and over 80 per cent for the year. The Fed’s monetary policies are driving precious metals prices higher as we move into 2011 and the number of individuals calling for greater Fed scrutiny is rising as well.
Congressman Ron Paul of Texas will be assuming the chairmanship of the Domestic Monetary Policy Subcommittee in January, directly overseeing the monetary policies of the Fed. Dr. Paul, an advocate of the Austrian School of Economics, and the author of 'End The Fed,' has been one of the Fed's harshest critics for several years.
Paul has vowed to continue his pursuit of an audit of the U.S. central bank and an examination of the country's Gold reserves. "I think they're way too independent. They just shouldn't have this power," Paul said. "Up until recently it has been modest but now it's totally out of control."
Invest in physical Gold and Silver bullion and protect your wealth in 2011. Widely recognized Gold and Silver bullion coins can be bought and sold quite simply at Morgan Gold and they can be easily stored in a safe-deposit box if you desire. Did you know you can add Gold and Silver bullion to your IRA?
It's true, and it's a safe and effective way to start investing, just call 1.800.585.1773 and speak to a Gold and Silver investment specialist at Morgan Gold today. Ask about our Sterling Trust Precious Metals IRA. Have a Safe and Happy New Year from all of us at Morgan Gold.
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