Prime Innovations

You probably know by now that gold and silver prices have the potential of going up a lot higher.  There are too much uncertainties happenning with the world economy at the moment, especially with the ongoing massive printing of US dollar without any financial backing to bailout troubled major corporations and stimulas packages.

The central banks of many major nations have already started diversifying their reserve into gold and this sudden demand will push up gold and silver prices substantially.   They are rebalancing their foreign exchange reserve by increasing their gold reserve.  In addition, some oil producing countries in the gulf region are planning to use a basket of currencies and gold to trade oil.

In March 2011, the state of Utah passed a bill that had recognised gold and silver coins issued by the U.S. federal government as legal currency.  This is moving towards the gold standard.   At least a dozens other states in U.S. are proposing similar measures.

Accumulate your silver purchase and hang on to them.  Check out the link below in addition to listening to what the economists are saying in youtube.com.

US debt clock:

http://www.usdebtclock.org/

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