Gold and Silver Values are ready to Explode Higher, the start of Phase 1 of their 3 Phases!

Bullion banks and hedge funds are realizing that there is a limited amount of actual physical available. Physical supplies are running out and these shorts have begun trying to cover their positions. No large inventories exist for these buyers.
 
Oct. 6, 2012 - PRLog -- Gold and Silver Values are ready to Explode Higher beginning the start of Phase 1 of their  Bubble!

After playing with investors over the past 30 years, bullion banks and hedge funds are realizing that there is a limited amount of actual physical gold and silver available. The actual physical supplies are running out and shortages have begun. As a result, these bullion banks and hedge funds have begun to cover their short positions. However, there are no large positions for these buyers. This will result in prices for these items to skyrocket, never to return again to the current depressed levels.

For those who believe that Gold is over  valued at $1,900 or Silver is over  valued at $50 look at the graphs on our website link below under "Current Gold Exposure" and “650 Years of Silver Prices”.

Gold (according to my interpretation) would have to rise at least 6 times from $1,800 just to catch up to the levels of the 1930’s. Maybe analysts predicting $12,500 per ounce will be correct after all! Silver (according to my interpretation) would have to rise at least 2 times from $35 just to catch up to the equivalent Hunt’s brothers high in 1981. To match the real price of silver high in the year 1477, silver would have to rise to $806 level in 1998 dollars. In today’s inflated dollar levels the prices of gold and silver would have to rise to approximately the $12,500 level in gold and $850 level in silver.

I expect that we are beginning Phase 1 of this forthcoming rise starting now in October and will not complete the Phase 1 move until February or March of 2013 when $2,350 gold and $70 silver are reached. After a short consolidation, Phase 2 of the cycle will begin. Stay tuned to more updates by visiting our website at http://www.SheldonsFinestCoins.com

At Sheldon's Finest Coins, we have inventory to meet your current needs.

All the best, with a little shine and glitter in your life!


Ed Sheldon CPA (retired)

Sheldon’s Finest Coins at toll free # at 1-888-786-5678
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