*****GOLD prices headed lower*****
Price of GOLD dropping fast
After Christmas sales should be tremendous for GOLD and SILVER jewelry and even bullion with further price declines expected against a strong U.S. DOLLAR:
If you're thinking about that last minute Christmas gift for your loved one in the form of expensive gold or silver jewelry think again. Due to the current Trump effect on the economy the value of the U.S. DOLLAR is increasing exponentially and the price of GOLD is dropping considerably. Compare your jewelry prices before and after Christmas and you will likely find that the prices will be substantially less with after Christmas sales for GOLD jewelry and related items with gold content. If you are interested in real gold bullion the price isa expected to drop even lower according to many analysts during the year 2017:
http://economictimes.indiatimes.com/markets/commodities/news/gold-prices-hit-a-fresh-10-month-low-as-dollar-rises-on-fed-hike-bets/articleshow/55934053.cms
http://etfdailynews.com/2016/12/07/analyst-gold-will-likely-fall-another-15/
http://etfdailynews.com/2016/12/07/analyst-gold-will-likely-fall-another-15/
What's going on with SILVER?
Silver on the other hand is beginning a gradual climb recently against the gold price decline. Why this is is uncertain but it will be monitored should there be some unforeseen demand that has not made headlines yet. Sometimes these prices rise as insiders are privy to news that has not made the headlines. So keep an eye on SILVER should the Trump effect take the price of silver higher on some kind of industrial demand:
http://www.barrons.com/articles/silver-to-regain-its-gleam-1481354766
http://www.businessinsider.com/ubs-hsbc-silver-market-rigging-lawsuit-2016-12
https://www.bloomberg.com/news/articles/2016-12-12/-3-2-1-boom-silver-fixing-allegations-in-a-dozen-chats
...developing...
