How Worried Should You Be? Silver and Gold prices.

Credit Suisse has been in existence for over 166 years and recently been rocked by Scandal and mismanagement, wealthy clients have begun to withdraw their money at an alarming pace which has caused the bank to dip below certain regulatory requirements, the situation is very complicated and very messy, Additionally you have the whole issue of credit default swaps and an environment with Rising interest rates which is creating even more difficulty for the bank, our heart goes out to investors in Credit Suisse as their stock price is at an all-time low, can’t help but mention that holding gold offers protection against any type of counterparty risk, the gold price and silver price prediction remains optimistic.

Silver and Gold prices maintain their premiums and continue to climb as worries of recession grows. American Eagles gold and silver Eagles have been gaining the largest premium we have seen in decades. Black Friday sales should give us an idea if We have a runaway economy or if inflation is truly under control.