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** Market Conditions Alert
**
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Gold and silver are rebounding this
week in the face of intense stock market volatility and overall weakness.
At present, gold
is up $90 this morning and trades at $3,070 – barely 1% below it's all-time
high achieved last Wednesday
Silver
fell more than $4 after last week's jarring tariff announcements, but it has
regained about $1 to trade this morning at $30.60.
While the chaos continues in global
stock and bond markets, demand for physical gold and silver in the U.S. retail
market has suddenly risen to multi-year highs.
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Wholesalers have seen
their excess inventories wiped out over the past week, and mints are now firing
back up their long-idle equipment to supply the markets.
The last year has
witnessed at least two mints in the United States close their doors due to lack of
business. It's unknown whether the fresh demand in recent days will continue, but
it's likely we'll see premiums drift higher on coins, bars, and rounds.
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Meanwhile, the
always-incompetent and poorly run U.S. Mint announced this morning it will stop
producing the 1
oz Gold Buffalo for lack of 0.9999 pure gold blanks.
Money Metals is still extremely
well stocked across the board, and our shipping speeds remain fast.
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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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