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| Markets are a bit unpredictable right now. Mining stocks went down yesterday, but what would happen to the metals markets if mining stocks surged? Read this article to find out: http://bit.ly/2bICENh
00:00 – Audio Starts 00:04 – Announcer: “U.S. stocks, crude oil and precious metals all traded lower yesterday. Sales of existing homes fell for the first time since February. The poor showing contradicted Tuesday’s upbeat report on sales of new homes.” 00:16 – “And a surprise spike in oil inventories renewed concerns about too much supply, too little demand. Today, investors will get a look at Durable Goods. Most experts are calling for a healthy rise in activity based largely on orders for commercial aircraft.” 00:29 – “A strong showing in other sectors – particularly for capital equipment and machinery – would suggest businesses are finally expecting some growth. Precious metals mining companies were hit hard yesterday. The recent declines in the price of gold and silver had an outsized impact on miners.” 00:44.5 – “The most-watched lost more than 7%. Markets appear to be positioning for Janet Yellen to declare the intent, at least the intent, to start hiking interest rates soon during tomorrow’s speech from Jackson Hole, Wyoming. But that’s something Fed officials have found easier said than done.” 01:06 – Gold and silver price charts. Price charts do not reflect live prices. If you’d like to see live prices, please visit https://www.MoneyMetals.com |
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