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Gold and Silver Prices Today and in the Future
In the 1970s, the dollar and most other flat currencies stopped being pegged to the value of gold; since that time, governments have continued to create additional currency as a reaction to short-term economic crisis. The resulting risk of monetary collapse from
hyperinflation
has many experts believing that currency will need to be re-pegged to gold, which will only further increase the value of the commodity. Fiat currency diminishes in value over time. Gold and silver are one of the few investments which can protect investors from losses associated with fiat currencies.
Market Manipulation - A Managed Retreat
The gold and silver prices today are highly manipulated by the trading of “paper metals.” Paper metals are any instrument that is not physical metals, such as options, futures contracts, exchange-traded funds or even precious metals “accounts” which hold gold and silver for their clients. (Most precious metals accounts hold futures, not physical metals.)Paper metals increase the amount of silver derivatives while diluting the amount of demand for gold and silver, ultimately depressing prices. If an investor wishes to buy silver as an investment, he or she can do so through a variety of vehicles. However, there is only one way to own silver: by buying physical metals. Manipulation of silver and gold prices isn't just perpetrated among small investors, however. When gold and silver prices increase, central banks around the world “lease” gold to investment banks, temporarily increasing the supply and pushing down prices in an effort to mask the value of precious metals as a store of wealth and as a currency. Of course, it is in the central bank's interest for consumers to use paper currency to buy and sell products instead of physical metals. Therefore, discounting the uses of precious metals and their value is the best way to keep consumer's eye on paper currency. The involvement of the central banks goes beyond metal leasing and into money supply as well.
The growing realization of market rigging explains the worldwide trends toward acquisition of real gold vaulted outside the Western banking system and toward development of trade-settlement mechanisms that avoid the U.S. dollar and Euro. Whether or not fiat currencies peg to gold in the future, the cyclical nature of the market makes it possible for gold and silver prices to continue rising and ensure investors long-term wealth protection by choosing to buy and sell at opportune times.
Gold and silver prices today
today are steadily rising and have shown no sign of slowing during the past year, and gold is showing no signs of a significant fall in price in the immediate near distant future. A decade ago, gold prices were approaching $250 per ounce, silver prices were in $4 per ounce. Gold and silver prices today are over $1600 and $30 accordingly.
Gold Price History
Silver Price History
Gold Price Per Gram
Return from Best Gold and Silver Prices to Buy Gold & Silver

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