Silver Dollar Values Prices Will Be Skyrocketing, Gold Prices Rally As Bernanke Hints At Stimulus

Aug. 27, 2011 - PRLog -- Gold prices staged a rally, breaking a nearly three-day sell off, following Ben Bernanke left the door open for more monetary easing. Gold prices closed up $57.80 Friday at $1,830.10 an ounce, up 3.26% for the day. Silver settled in up $.38 at $41.60 an ounce, up .92% for the day. Marketplace watchers had been pleased collectively with gold’s shift in the route upward. Go to http://silver-dollar-values.com for more profitable silver and gold suggestions.

Federal Reserve Chairman, Ben Bernanke, provided no surprises in his speech at Jackson Hole Friday, but he did allow the possibility for further intervention. Bernanke stated the Fed is willing to step in if required to trigger a stronger recovery, but barely discussed any monetary policy. The Fed's policy conference in September is now two days rather than one, which indicates stimulus is on the table but whether or not there will probably be an agreement or policy shift is really a various story.

Gold prices as well as equity markets rallied, buoyed by expectations of an additional Bernanke life raft. More cash in the program could trigger greater inflation, presently at 1.8% excluding food and power, which makes gold more appealing as protection against paper currencies. Now expectations shift to the Fed meeting in September. Visit http://www.silver-dollar-values.com for more profitable silver and gold tips.

It has turn out to be an annual ritual to anticipate Jackson Hole to be a momentous occasion in all of these markets. Analysts believe that Bernanke is not in a position to pump more cash into the program just because some macro information is disappointing and also the stock marketplace is suffering. There had been also 3 dissenters in the last Fed meeting in early August who could not agree with keeping interest rates low until mid-2013 due to rising inflation, so making more cash appears like an even farther reach.

Analysts think that any frustration would lead investors out of stocks and into gold, but if it is an across the board sell off in all kinds of assets that had been predicating their further advances on simple cash, if we have a wipeout of that nature, it might be a short term across the board sell signal.

Gold prices have adjusted 11% in two-and-a-half days, giving up half of its gains from its two-month rally, which pushed the metal to an intraday high Friday of $1,830.90, an ounce. The huge sell off could also be stimulating bargain hunters wanting to make the most of "lower" gold prices.

Many specialists, nevertheless, believe that gold will trend greater as the macro backdrop has not changed. European governments are nonetheless struggling with ballooning debt and attempting to save Greece from imploding. Germany is now making headlines with rumors swirling about a feasible short selling ban along with rating downgrade, each of which had been denied. With investors so topic skittish, gold is fulfilling that safe haven role. Now will be the ideal time to purchase gold and purchase silver for your safeguarded investment safe haven. Visit http://silver-dollar-values.net for more profitable silver and gold tips.

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