Thursday, November 3, 2011

Gold And Silver At Discount Prices - Peter Schiff

October was very much about consolidation and recovery from the September correction. From trough to peak, gold recovered 8.9 percent to 1741 dollars/ounce, before sliding back to 1700 Dollars/ounce as October came to a close. For silver, trough to peak was 25.7 percent, seeing silver hit $35.42 before sliding back to around $33. Both are comfortably at what I would consider discount prices. -in Schiff`s Gold Newsletter

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