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| 🔔 SUBSCRIBE TO MONEY METALS EXCHANGE ON YOUTUBE ➤ http://bit.ly/mmx-youtube Gold and silver prices rallied for a second week and closed higher Friday, with silver outperforming. Metals got a boost from weakness in the U.S. dollar in foreign exchange markets. Bond yields moved higher, as did U.S. stocks which have been rallying steadily since October despite deteriorating economic data. Retail bullion investors are taking a breather. Activity, both buying and selling, is at the lowest level in months. This is a break many have been waiting for. Premiums, which have remained persistently high, are trending lower. Physical precious metals buyers may be waiting for clearer signals as to the direction of prices. Gold prices nearly made a record high in early May and have since struggled to regain the $2,000/oz level. Now it is "wait and see" if metals can finally break out of this range and head higher. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★★FOLLOW MONEY METALS EXCHANGE ★★ FACEBOOK ➤ https://www.facebook.com/MoneyMetals TWITTER ➤ https://twitter.com/MoneyMetals INSTAGRAM ➤ https://instagram.com/moneymetals/ LINKEDIN ➤ https://www.linkedin.com/company/mone... SOUNDCLOUD ➤ https://soundcloud.com/moneymetals TUMBLR ➤ http://money-metals.tumblr.com/ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ |
Stefan Gleason is President of the Sound Money Defense League, a national grassroots lobbying organization working to restore gold & silver to their historical role as America's constitutional money. He also leads Money Metals Exchange, a national precious metals dealer with over 50,000 customers. Gleason has frequently appeared on national television networks such as CNN, FoxNews, & CNBC, & his writings have appeared in hundreds of publications such as the Wall Street Journal, TheStreet.com, Seeking Alpha, Detroit News, Washington Times, & National Review.
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