Where Next for the Price of Gold & Silver?Submitted by Smaulgld.com on Tue, 09/24/2013 - 12:41
Since May of this year-around the time the Federal Reserve Chairman Ben Bernanke started talking about tapering quantitative easing (QE), the prices of silver and gold have, in general, headed down.
This downward price movement caused:
1. A Sharp Rise in the Sales of Physical Gold and Silver
2. A Cut Back in Mining Production and Silver and Gold Mine Closures
In the meantime there has been Massive Monetary Expansion By The World’s Central Banks
What happens next to the price of gold and silver-an analysis: