Fireworks Next Week I was out golfing Friday afternoon and when I got home that evening I was surprised to see gold and silver much higher to end the day of trading. This morning I found the answer to their surge at the end of the day.
The rating agency Fitch is putting the US on a credit watch for a possible downgrade. When PM markets open Sunday they should move extensively higher and the $2000 gold limit should easily be broken.
Once the $2000 barrier has been blown out this should bring major headlines from around the world and more speculation money into the market.
Another great week is upon us. If the company could announce news next week it would be great timing!! This should be another fun week and it all starts Sunday evening at 6:00 pm EST!
PikKid