Gold and silver pricing is correct kitconews gold silver economics investing mining metals finance
Yesterday we wrote that the metals were melting down, which brought many questions. The biggest question investors are asking is why the metals could be so bad in the current economic environment. The answer is simple: the price action is negative.
Too many read the Wall Street Journal or listen to the news; the problem with those sources is that their info is old and late. In today’s technology world, the information flow is lightning quick. In other words, there are no secrets or inside info. For example, the monthly jobs number comes out Friday, and you can bet the big banks have already calculated that number.
Precious metals should be owned on a physical basis with capital that is not needed tomorrow or anytime soon. Trading should be done with paper, knowing that we can trade either side without emotions.
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