Gold Price Approaches $ 1400.00:
Gold: $ 1395.40 Silver: $ 15.35 Platinum: $ 814.00 Palladium: $ 1513.00
Dateline: Del Mar, CA: Friday, June 21, 2019
FNB is a precious metals industry leader. Each weekday, we post information and financial facts (and opinions!) that relate directly to the financial markets and also that have direct impact upon the daily lives of investors.
In our last session, FNB addressed gold prices breaking through the $ 1350.00 price resistance levels. In this session, FNB looks at how high can the price of gold go? And what are new resistance levels that investors should be aware of, and looking for.
Gold Price Approaching $ 1400.00:
Some stats and relevant facts that smart investors should be aware of:
- Gold prices are up $ 28.70 which represents a 2.11 % rise in price
- Gold prices are up $ 114 + USD over the last 30 days which represents a 8.98 % rise in price
- Gold prices are up $ 120 + USD over the last twelve months which represents a 9.5 % rise in price year-to-year comparison
The FED recently held its quarterly meeting. The FED Chairman, Mr. Powell provided strong indication that The FED will do whatever is required to continue the current economic expansion.
FED Chairman Powell stated that his institution would take measures:
“…as appropriate to sustain the expansion…”
The recent rise in Gold prices are a welcome development for longtime gold holders and long-term gold investors.
$ 1500.00 Gold in 2019?
The big question that investors and smart money people are asking is:
“Can the price of Gold reach and then eclipse $ 1500 + USD in fiscal 2019?”
Many people and financial gurus think the $ 1500 + USD price levels for Gold is very possible and in-fact even probable in 2019.Why? The main and compelling reason seems to be one word: inflation.
As other goods, commodities, services and even the amount of dollars continue to inflate, it makes perfect sense to think that gold will follow suit.
FNB strongly urges all savvy and thoughtful investors to ramp up their physical gold coins, bars and bullion holdings. FNB invites all to visit our website:
FNB invites all that live in or near our three physical locations in San Diego, Del Mar and Scottsdale to stop in and visit and meet one-on-one with our Team of precious metals experts.
FNB posits and strongly asserts that capitalism and the capacity to own, manage and profit from the collective of private properties and/or business initiatives is a driving force that America and its leaders simply must protect.
FNB remains diligent and unwavering in the call for common, average American people to seek out the Safe Havens of gold and silver coins, and gold and silver bullion.
FNB, a national precious metals industry leader and reputable gold and silver coin dealer urges investors, bond-holders, speculators and all who manage and/or oversee their family’s financial portfolio begin now migrating larger allocations into the historical safe harbors of: Gold and Silver.
Jon Cavuoto,
Founder and Owner,
First Nation Bullion
For direct consultation with a gold and silver expert contact FNB:
1-800-745-7979