Gold and silver are finding support and the end of 2011 was not a time to call the end of a trend, but to realize that gold and silver was providing a discounted buying opportunity. The mining shares have never been so oversold in this entire decade long run as it was in the end of 2011.
Warren Buffet's distaste for gold is well known and despite the meteoric appreciation in the value of gold, his view does not seem to have changed.
It is perfect time to buy gold coins to take advantage of unusually low gold prices, said Wholesale Gold Group (WSG).
GWilliams believes that gold trades at $2,200 an ounce and silver trades at possibly $60/oz in 2012, but they're really just stepping stones on the way to higher ground.
