Heading Into Black Friday Week Many Gold Experts See Gold And Silver As On Sale

RALEIGH, N.C. - Nov. 25, 2014 - PRLog -- Terry Sacka, AAMS  is an Accredited Asset Management Specialist at Cornerstone Asset Metals, a financial analyst and founder of Cornerstone Asset Metals in Raleigh, North Carolina. He assists and guides investors on using physical assets such as gold and silver for asset protection and wealth preservation. Mr. Sacka is also regular guest speaker on the Wealth Transfer show, a weekly program airing Thursdays at 10pm (EST) on the Christian Television Network (CTN) with host Dr. Charles Vance discussing global economics, biblical & financial principles, and the protection and preservation of wealth & hard assets.

Mr. Sacka recently reported data on his website detailing that despite the weakness in the silver market, SLV’s silver holdings didn’t fall much in the past few weeks and in the last two weeks, we are seeing the impossible–a rise in the gold price and the US dollar. This isn’t as impossible as it seems–we’ve seen this before, from late 2009 to about mid-2010. It was a good time to be invested in gold equities.

At around 73 the gold/silver price ratio is now close to levels last seen at the height of the global financial crisis versus long-term average of around 60.

InvesTRAC passed on this price graph to MINING.com indicating a bullish pattern emerging for the two precious metals:

The technical research and investment blog notes that when the ratio is rising then the precious metals decline and when the ratio is falling, both silver and gold usually go up. Since silver is similar to gold (under the heading of a precious metal investment) and is (relatively) less pricey, many experts including Mr. Sacka simply see gold and silver as "on sale" for the week of Black Friday. Moreover, in the past few weeks the linear correlation between Gold and Silver picked up and reached around 0.8, which is a strong and positive correlation.

90% of Cornerstone Asset Metals business involve gold and silver IRA's and 401K's as retired investors seek wealth preservation and asset protection over anything.

Mr. Sacka appeared on the Wealth Transfer show to discuss this important topic.

https://www.youtube.com/watch?v=BvR-uB1Stto



Entire episodes of The Wealth Transfer Show can be seen at the The Wealth Transfer Show Archive.

On his company YouTube Channel, Mr. Sacka maintains a playlist of videos dedicated to important retirement topics.


More information about how to add gold and silver to a current IRA can be found on his company website at http://www.cornerstoneassetmetals.com/iras/

About Terry Sacka
Terry is a financial analyst and accredited asset management specialist (AAMS) at Cornerstone Asset Metals, a private bullion dealer located in Jupiter, Florida. The company enables investors, both large and small, to use metals such as gold, silver, platinum and palladium as an effective hedge for their retirement accounts against inflation. The company mission is to put people back in charge of their wealth through tangible assets that have been used as a medium for exchange since the dawn of civilization.

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Cornerstone Asset Metals 8480 Honeycutt Rd Ste 200, Raleigh, NC 27615 (888) 747-3309