Libyan Riots Push Gold & Silver Higher

As civil unrest spreads from the Middle East outward to North Africa it is placing pressure on the price of silver & gold.  The Qaddafi  regime has sworn to fight to ‘last bullet’ suppressing the riots in Libya.  These events have investors looking for safe haven investments.

Gold is currently over the $1,400 mark and silver is climbing towards $34  the long-term outlooks on both is excellent. Daniel Major, an analyst at RBS Global Banking & Markets said that many will be turning to the physical market — coin and small bar buying. A typical portfolio should contain a conservative 10% to aggressive 20%  of precious metals (in your physical possession). Read further:  Gold above $1,400 as Mid East violence spreads

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