#1 U.S. Precious Metals Dealer of the Year
First published by Money Metals here:
https://www.moneymetals.com/podcasts/2020/10/30/precious-metals-markets-volatility-002154
Volatility is ramping up ahead of next Tuesday’s all-important election. Equity and precious metals markets got hit earlier this week on lockdown jitters. New virus restrictions in Europe and fears of a devastating second wave in the United States caused investors to place sell orders.
First published by Money Metals here:
https://www.moneymetals.com/news/2020/10/29/when-fiats-fail-precious-metals-prevail-002153
There are two theories of money. The first is that it should have intrinsic value, something people can hold, knowing that it has value in and of itself. The second is that it is lawful; that usually a government or King, mandates that their creation can be used to pay for all goods and services.
First published by Money Metals here:
https://www.moneymetals.com/news/2020/10/27/a-new-world-monetary-order-is-coming-002152
The global coronavirus pandemic has accelerated several troubling trends already in force. Among them are exponential debt growth, rising dependency on government, and scaled-up central bank interventions into markets and the economy. Central bankers now appear poised to embark on their biggest power play ever.
October 26, 2020 – Gold and silver prices gained modestly in last week’s trading.
Check the Gold price here: https://t.co/jWSWw7DH38
In recent weeks, price performance has been all about the dollar. The DXY index closed back below 93 last week and that gave a boost to the metals.
Stock prices also finished higher, but the S&P 500 remains below the highs from early September.
Investors are waiting to see the results of next week’s presidential election.
Until then, there won’t be much conviction about which direction the markets are headed.
Some major economic data is due out this week, if there are any investors who aren’t focused exclusively on presidential politics. We’ll see reports on durable goods and GDP as well as personal income and spending.
October 26, 2020 – Gold and silver prices gained modestly in last week’s trading.
Check the Gold price here: https://t.co/jWSWw7DH38
In recent weeks, price performance has been all about the dollar. The DXY index closed back below 93 last week and that gave a boost to the metals.
Stock prices also finished higher, but the S&P 500 remains below the highs from early September.
Investors are waiting to see the results of next week’s presidential election.
Until then, there won’t be much conviction about which direction the markets are headed.
Some major economic data is due out this week, if there are any investors who aren’t focused exclusively on presidential politics. We’ll see reports on durable goods and GDP as well as personal income and spending.
First published by Money Metals here:
https://www.moneymetals.com/news/2020/10/26/election-impact-near-term-action-gold-silver-002150
Metals broke out earlier in the year because there has likely never been so many fundamental reasons to buy gold and silver. We’ve seen economic turmoil, political strife, social unrest, a $3 trillion federal deficit, and a dollar weakened by fiscal and monetary stimulus – all happening at once.
First published by Money Metals here:
https://www.moneymetals.com/news/2020/10/26/silver-potential-whats-coming-with-fedcoin-002151
We speak with David Morgan on his views on silver inventories and price direction, given the factors he sees in the metals trade and the economy. He points out that silver will be the money of the people because it is largely ignored by the elites, where gold is not.
First published by Money Metals here:
https://www.moneymetals.com/podcasts/2020/10/23/precious-metals-holding-002149
All asset classes are reflecting uncertainty ahead of the election. Investors seem to be as undecided as voters in the swing states.
First published by Money Metals here:
https://www.moneymetals.com/news/2020/10/22/silver-price-explosion-002148
Even in the competitive/hunting shooting community, few enthusiasts know about an arcane rifle known as a "double trigger shotgun." Essentially, it's a double-barrel shotgun having a trigger for each barrel.
