USLVF - Silver Leads Gold- A Great Sign For Precious Metals

Gold and silver prices continued to shine over the past week as gold was flirting with the $1900 level, and silver broke out to the upside in spectacular fashion. Aside from the unprecedented levels of liquidity from central banks and programs from governments worldwide, the US dollar index fell below its technical support level.

The stimulus, rising deficits, and falling value of the world’s reserve currency create a potent bullish cocktail for gold and silver, the two oldest means of exchange. While central banks hold gold as an integral part of their foreign currency reserves,