True Money Trading Inc.’s California Gold Rush of 2011 Celebrates Pre-Holiday Price Rally

April 21, 2011 - PRLog -- Hollywood, Florida—True Money Trading Inc. is making it their company mission to make the purchase and sale of gold, silver and other precious metals more affordable for the average consumer. To highlight their efforts, the company is spearheading a campaign called the California Gold Rush of 2011. As part of the media events, the company executives will be appearing on a segment of Moving America Forward hosted by William Shatner and to be filmed during May in California.

Today, the company expanded it’s campaign to be called the “California Gold Rush of 2011 with a Silver Lining.” This was done as the company celebrates exciting pre-Easter holiday trading activity.

Gold prices were climbing higher and silver prices were soaring Thursday as investors bought the metals ahead of a long holiday weekend in the U.S., it was reported.
Gold for June delivery was adding $4.50 to $1,503.40 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has hit another record at $1,509.60 while the spot gold price was flat, according to Ktico's gold index.

Gold was rallying for a fifth straight day as the U.S. dollar index continued to tank losing 0.77% to $73.80 at its lowest level since November 2009 and is now trending towards it 2008 level of $72.

Silver prices were exploding $1.29 to $45.76 an ounce pushing the gold/silver ratio down to the 32 level. The lower the ratio goes the faster silver rallies versus gold.  Here is what some people in the industry are saying:  David Morgan, founder of Silver-Investor.com, thinks the ratio could hit 16 while Eric Sprott of Sprott Asset Management is on record as saying the ratio could hit single digits.

A weaker dollar makes gold and silver cheaper to buy in other currencies and dollar weakness also highlights the dollar backed commodities appeal as safe haven assets.

About True Money Trading , Inc.
True Money Trading (www.truemoneytrading.com ) is positioned to become a household name company and a world leader that challenges the conventional norms of monetary trading. Their motto is: “Paper is currency, precious metal is True Money™.” Prior to making any investment, an investor should review the risks and make sure an investment is right for their financial situation.

True Money is coming, and, for the average investor, it is about time! For more information contact:truemoneyiscoming@gmail.com