I have been reading the book Rich Dad Poor Dad Investing in Gold and Silver. In this book Michael Maloney speaks of the coming economic callopse and how to survive it through investing in precious metals. Since the beginning of time Gold has been here and has wavered through all economic crashes in society.
There may never be a better time to invest
in junior gold miners
It was all about Solomon Gold (ticker: SOLG). Shares in the company, which were trading at just 10p at the start of last Monday (20th Sept), suddenly took off. They reached 85p on Thursday - a whopping 750% gain.
The reason for this spectacular jump? Mineral samples taken from the island of Fauro in the Solomon Islands have revealed some exceptionally high grades of gold.
Gold Prices Jump Above $1300, Silver Advances
U.S. gold notched another record high Tuesday. Gold prices neared $1,312 an ounce as the dollar dropped to an eight-month low and data showed U.S. consumer confidence in September plunged to its lowest level in seven months.
Gold, Silver, Metal Prices Commentary – September 28, 2010
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