1. March 2014 03:49
After missing the $1900 per ounce climb in gold, and $45 per ounce climb in silver, many sellers have been waiting for a ramp up in gold and silver to liquidate their old gold or silver jewelry. Gold went as low as $1100 and now has climbed back to almost $1400. We are warning sellers not to be greedy and take this opportunity to sell. We don't believe $1900 per ounce is coming any time soon. In fact, this ramp up to almost $1400 in gold is probably a mid-term top in the markets. We could re-trace back to $1100 per ounce in a very short period of time.