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.
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.
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.
La continua propagación de COVID-19 sigue siendo el factor que más afecta la volatilidad en todos los mercados. Las medidas de contención de emergencia, promulgadas en todo el mundo para intentar detener el brote, se han hecho más severas en la mayoría de países, lo que ha acentuando el declive económico que comenzó hace semanas.
The continued spread of COVID-19 remains the predominant factor affecting volatility in all markets. The emergency containment measures enacted worldwide to attempt to halt the outbreak have now been expanded in most countries, deepening the economic decline that began weeks ago.
Written by Mark Yaxley, General Manager, Strategic Wealth Preservation. These have become regular weekly updates, which we will continue delivering to you until the precious metal market begins to settle back into normality. Please enjoy these nuggets of information until then. Price Action Gold closed last week at $1484/oz. A week later, the yellow metal…
La volatilidad del mercado se mantiene a niveles extremos mientras los científicos se esfuerzan por encontrar protocolos de tratamiento y vacunas contra la COVID-19, cuya propagación ha hecho que la economía, conectada a nivel mundial, se detenga repentinamente.
In his inaugural address in 1961, new President John Kennedy gave a stirring speech in which he famously stated, “And so, my fellow Americans: Ask not what your country can do for you — ask what you can do for your country. “
Market volatility remains extreme as researchers scramble to find treatment protocols and preventative vaccines for COVID-19, the spread of which has brought the globally connected economy to a shuddering halt.
Given what’s happening in the markets, it’s time to look at the history of crashes in gold and silver. And just as important, to see what message we can glean about their recoveries.
With the effects of the spread of COVID-19 still taking shape across the world and all of us experiencing dramatic changes to our daily lives, we wanted to let you know that Precious Metals International, Ltd. (PMI) is thinking of you and hoping that your loved ones are safe and well.
Copyright © 2002- | Precious Metals International, Ltd. All Rights Reserved.