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** Market Conditions Report
**
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Gold
and silver
prices pulled back sharply last night and this morning on news of a Trump
victory, especially with a rally in the Federal Reserve note "dollar" on global
markets and stock market strength.
In fact, silver is down $1.80
(over 5.5%) to trade at $31/oz.
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While economic and
geopolitical events still point to higher gold and silver prices in the medium
term, traders are taking profits and unwinding long positions that were based on
short-term fears and momentum.
Today's price pullback
creates a more attractive entry point for retail gold and silver buyers who were
worried they had missed the opportunity to build or increase
their position in physical gold and silver.
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On the other hand, the decisive Trump
might cause some to think there is a weaker rationale for holding the monetary
metals, in which case they may be looking
to sell.
In either scenario, Money Metals
stands ready to assist, offering highly compelling buy and sell prices. Let us
know how we can help you by calling 1-800-800-1865 or visiting MoneyMetals.com!
Meanwhile, here's our special
report this morning on some very promising progress for sound money at the
state level and the momentum for reform Money Metals has been building.
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Other Great Options to
Consider
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This copyrighted material may not
be republished without express permission. Offer only available through email
promotion. Offer does not apply to previous orders and may not be combined with
any other offer or program. Special shipping rates or other restrictions may apply
to international orders. The information presented here is for general educational
purposes only. Money Metals Exchange and its staff do not act as personal
investment advisors. Nor do we advocate the purchase or sale of any regulated
security listed on any exchange for any specific individual. While our track
record is excellent, investment markets have inherent risks and there can be no
assurance of future profits. You are responsible for your investment decisions,
and they should be made in consultation with your own advisors. By purchasing from
Money Metals, you understand our company is not responsible for any losses caused
by your investment decisions, nor do we have any claim to any market gains you may
enjoy. Money Metals Exchange is not a regulated trading ???exchange??? as defined by
the CFTC and the SEC.
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