Asia and Pacific markets were up last night and the precious metals were popping. Gold is trading at $1664.20/oz, up $ 33.00/oz so far; Platinum is trading $1535 an ounce which is a gain so far of $46.40; silver is up $.99s at $30.515/oz.

The fact that the gold/platinum price/comparison is now $127.20, which is coming off of it’s lows and should stimulate buying opportunities in all three metals mentioned: Gold, Silver, Platinum.

Spain’s bonds/bills auction went better than expected, so traders will see a marked icrease in the S&P 500, as well as many other indices. The only problem with Spain “kicking the can” is that NOTHING has been solved, and there is still a great uncertainty in the markets.

Buy gold and silver on any dips and even at these levels (coins or other items) and take delivery of your order.