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Gold and Silver Still Up

April 26, 2010

At todays writing gold is at $1,158 and silver is at $18.40. The normal Friday sell-off did not happen last week normal so the metals have stayed up. The next four days should maintain a very strong market with prices continuing to increase.

The metals market will receive some more help as shake outs from a few of the banking industries continue to unfold. If this week also continues to reveal the need to pay for all our new government implemented plans, we could actually see the dollar drop and the metals increase even more. The results on the spot prices will prove to be a positive outcome from a lot of negative.

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