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** Market Conditions Alert
**
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With President Donald J. Trump taking
the oath of office yesterday, it promises to be a news-filled week of executive
orders and appointments.
Markets are watching for proclamations
on the economic policy front. Trump stated yesterday that he looks to hit Canada
and Mexico with 25% tariffs within a few weeks, although the specific goods that
would be covered is unknown.
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Traders
seem to believe that gold, at least, will be excluded, as implied by a narrowing
spread between U.S. futures market prices and spot prices elsewhere. (A larger
spread in silver remains, however.)
Meanwhile, silver
prices and especially gold prices have been drifting upwards. At $2,740 this
morning, gold is now less than 2% below its all-time high reached right before
last year's presidential election.
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This gold strength is coming in the
face of a Federal Reserve note "dollar" that remains strong against other
devaluing fiat currencies across the globe.
Meanwhile, demand in the U.S. retail
bullion market is remains, leading to historically low premiums. That means
purchasers are able to increase their cost efficiency, as our own Clint Siegner explained
yesterday.
Some of the best deals on the Money
Metals site can be accessed on our special page. Check
it out here or call us at 1-800-800-1865!
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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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