|
|
|
|
|
** Market Conditions Alert
**
|
|
|
|
Silver continues to show incredible
upward momentum after having obliterated its prior $54 high two weeks ago.
|
|
|
With silver
trading over $64 this morning, technical analysts have pointed to the potential
for $72 silver in the near to medium term as this price rerate continues.
That said, the moves we've
seen without a correction are unusual.
Silver was held below $50
for decades and seems intent on catching up after its long-time underperformance
against gold and other commodities.
|
|
|
|
Gold, meanwhile, is presently making a
run for its all-time high of $4,400 reached back in October.
The Fed's latest rate cut on Wednesday
fueled renewed strength across the entire precious metals complex.
At Money Metals, profit-taking by
longtime holders of both metals continues, but first-timers are coming in to buy all that inventory -- and then
some.
|
|
|
If the headlines in
precious metals draw in the general public, the overwhelming majority of which
don't have a single ounce of any precious metal, things could get interesting.
Remember that Money Metals
is still giving away free silver for one more week on any
silver order of $750+. Also, don't forget to check out our SPECIALS
PAGE and the below spot offer!
|
|
|
|
|
|
|
|
|
|
|
Other Great Options to
Consider
|
|
|
|
|
|
|
|
|
|
|
|
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.
|
|
|
