|
|
SILVER DOWN BIG: Grab These Discounted Silver Bars & Coins >> | | |
** Market Conditions Alert ** | | |
There's been HUGE upheaval in the financial markets over the past 24 hours following Trump's announcement of "reciprocal tariffs" on America's trading partners. | | |
U.S. stock indices opened more than 3% down across the board, with steeper declines in the Russell 2000 and the tech-heavy Nasdaq. Gold, silver, oil, and copper also fell sharply. The dollar is weakening against other unbacked fiat currencies. As of this writing, gold is down a relatively modest 2% to trade at $3,080, but silver is down almost 7% to trade at $32.05. | | | |
It's unsurprising that precious metals would initially decline in sympathy with a sudden stock selloff or a liquidity event. Market chaos is often a positive for gold and silver in the short to medium term. A pullback under these circumstances is unsurprising given the huge, nearly straight up trajectory we've seen with gold and silver so far this year. The bigger question is what happens next. On the physical side, premiums at Money Metals remain at multi-year lows, with retail transaction volume picking up over the past few days. | | |
|
|
|
Other Great Options to Consider | | |
|
|
|
|
This copyrighted material may not be republished without express permission. Offer only available through email promotion. Offer does not apply to previous orders and may not be combined with any other offer or program. Special shipping rates or other restrictions may apply to international orders. The information presented here is for general educational purposes only. Money Metals Exchange and its staff do not act as personal investment advisors. Nor do we advocate the purchase or sale of any regulated security listed on any exchange for any specific individual. While our track record is excellent, investment markets have inherent risks and there can be no assurance of future profits. You are responsible for your investment decisions, and they should be made in consultation with your own advisors. By purchasing from Money Metals, you understand our company is not responsible for any losses caused by your investment decisions, nor do we have any claim to any market gains you may enjoy. Money Metals Exchange is not a regulated trading "exchange" as defined by the CFTC and the SEC. | | |
No comments:
Post a Comment