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Weekly Precious Metals Update - Mark Yaxley - April 20, 2020

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.

What a Gold Shock Could Look Like: Institutional Investors Start Buying.

What a Gold Shock Could Look Like: Institutional Investors Start Buying

By Jeff Clark, Senior Analyst, GoldSilver and Adviser for Strategic Wealth Preservation. I once asked my institutional investor friend, who used to work at Goldman Sachs and has been a gold owner for many years, what would make him buy more bullion. Without hesitation he said, “When the price breaks out.” Well, as is clear…