There are a few times in an investor’s life where, as Jim Rogers once put it, you see a pile of money sitting in a corner and you can go pick it up.
Weekly Precious Metals Update – April 20th
Last week saw the market lose yet another major producer to the COVID virus. The United States Mint, North America’s largest producer of gold and silver bullion products, announced the closure of its West Point, New York facility on Wednesday, due to concerns for their workers’ safety.
Resumen de la Semana en Metales Preciosos – Abril 18 de 2020
COVID-19 es aún el principal «viento en contra» que afecta todos los mercados. La volatilidad se mantiene a niveles extremos. Titulares relacionados con el «achatamiento de la curva» y posibles tratamientos en desarrollo para mitigar los efectos del virus, llevan momentáneamente los mercados al alza.
The Precious Metals Week in Review – April 17th, 2020
COVID-19 continues to be the major headwind affecting all markets. Volatility remains extreme as news headlines regarding “flattening the curve” and potential treatments in the works for mitigating the effects of the virus shift markets up, only to be sent lower again when officials and medical professionals take to the airwaves and walk back previous comments.
The Black Swan Strikes! Gold Demand Ignites and Tests the Industry.
It came almost out of nowhere, a black swan event that engulfed the world. As everyone from citizens to governments scrambled to deal with COVID-19, the gold industry was impacted in unprecedented ways as well.
Weekly Precious Metals Update – April 11th
This past week was very positive for the precious metals. Not only were prices for both gold and silver up significantly, our industry has also had the chance to catch its collective breath following ‘March Madness’.
Resumen de la Semana en Metales Preciosos – Abril 11 de 2020
Esta fue una semana corta de negocios en la bolsa por el cierre de mercados el viernes, en observación de las celebraciones de Viernes Santo y Pascua judía. La volatilidad del mercado se mantiene a niveles extremos.
The Precious Metals Week in Review – April 10th, 2020
It was a shortened trading week due to markets being closed on Friday in observance of Easter and Passover.
Market volatility remains at extreme levels, with markets shifting and swinging on every headline that relates to the ongoing pandemic.
Silver Shock Update: A New and Major Threat to Supply
As many of our readers know, silver supply from mining operations has been in decline.
That decline has just sped up. In a big way.
Weekly Precious Metals Update – April 3rd 2020
This week was a continuation of the ‘new normal’, which is anything but normal. COVID continues to complicate our work and personal lives, including the precious metals supply chain.