True Money Trading Inc.’s CEO Comments On Global Gold And Silver Price Increases

April 25, 2011 - PRLog -- Hollywood, Florida—True Money Trading Inc.’s (www.truemoneytrading.com)  campaign called the California Gold Rush (with a Silver Lining) of 2011 continues this week.  Manny J. Frade, the CEO of the company which is breaking down price and information barriers so the average person can buy and sell gold, silver and other precious metals, stated the following:

“The moment we’ve all been hoping would never come is near. Which is our currency reaching record lows. Thus gold and silver ‘true money’ is being sought in record numbers by companies, investors, and everyday people. There has never been a time like now for a company like ours.”  True Money Trading Inc. has caught the attention of Hollywood with its idea of making access to gold, silver and other precious metals simpler and cheaper for the average person. The Company will be the focus of a national TV program filming in the Hollywood area next month.  Meanwhile, today’s global monetary news is ringing true to the comments of True Money Trading Inc. CEO Mr. Frade.

Silver continues to sprint toward to its 1980 high of more than $50 an ounce while gold has expanded on its record, breaking the $1,500 an ounce barrier.

The rapid rise in precious metals in the past year has led some hobbyists to question how much higher prices can climb before they recede.

On April 20, gold closed at $1,503 an ounce after reaching a high of $1,507.10 during the day’s trading in New York. Silver closed at $45.25 an ounce after trading at $45.43 in New York. The prices reflect that more investors seem to be banking on precious metals as a safe haven investment in times of fluctuating national currencies.

For comparison, on April 20, 2001, gold was trading at $264 an ounce while silver was at $4.43. Five years ago, on April 20, 2006, gold was at $623.50 an ounce while silver had leaped to $12.19. Just one year ago, on April 20, 2010, gold was at $1,144.75 an ounce and silver had reached $17.89.

The rise in the price of gold has been steady, while silver’s jump has been incredibly steep, rising more than 250 percent in value in the past year.

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