Friday, August 03, 2007

Questions and answers about bullion market.

Why is dependable?

How did they occupy a position of such esteemed stature in precious metals market?

Why Americans look up to for their gold bullion investing?

I can think of several reasons for the above questions and one of them is their commitment to educate even a fresh investor in precious metals.

Look at the questions below that come to our mind and the answers by the experts in this field:

Q: Can savvy investors position into silver at low prices now before silver soars?

A; But prices are only likely to gain momentum after breaching last May's 25-year high of $15.17 an ounce, which compares with current prices of around $13.70.

"For silver to really look bullish, it has to get above $15. If we get above that, I believe silver could go to $20," Peter Hillyard, head of metals sales at ANZ Investment Bank, said.

Q: Is now a good time to put some wealth into gold coins?

A: "I studied this chart for a long time. And I don't see anything wrong with it. Gold has simply pulled too far away from its two moving averages. The 20-month MA now stands at 621. Nothing wrong with that. It's probably time to buy some more American Eagles, for some reason I like the shiny Eagles better than the new duller Buffalos. But either way, it's all gold."

Today, there are a number of convenient ways to buy gold coins and other precious metals from Monex. Depending on your particular situation, investment objectives and bullion trading needs, you may decide to invest in gold, silver, platinum or palladium outright in an all-cash purchase and have your purchase delivered to you via registered and insured U.S. Mail.

Visit their website for other ways to buy precious metals from them.

Kindly Bookmark and Share it: