Money Metals Exchange Podcast
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On this special Christmas Eve edition of the podcast, we unfortunately have to report that Washington politics and fears of a surging virus are threatening to spoil holiday cheer. Earlier this week, Congress agreed to send millions of Americans a much-del… Keep Reading
Precious metals markets are on the move this week. They got a boost following Wednesday’s Federal Reserve policy statement. Fed officials kept their benchmark interest rate near zero and vowed to continue injecting $120 billion per month into the bond … Keep Reading
As investors anticipate a successful vaccine rollout and an economic rebound in 2021, bullish sentiment pushed some sectors of the stock market to new highs this week. But negative divergences are showing up, with momentum waning and volume thinning in th… Keep Reading
Gold and silver markets are recovering impressively in this first week of December. After slumping last month to erase most of this summer’s big gains, gold shows a gain of 2.7% since last Friday’s close to trade at $1,842 per ounce.… Keep Reading
As the Dow Jones Industrials surged to the stratospheric 30,000 level during this holiday-shortened trading week, traders continued to unload gold positions.… Keep Reading
Gold and silver markets continue to test support levels as investors await the next directional move in the U.S dollar index. The dollar gave up ground during the week of the election, but it hasn’t quite yet broken down to a new low for the year. Perha… Keep Reading