Precious Metals Strong Performance for 30 days.

Precious Metals Strong Performance for 30 days.

Precious metals continue to gain momentum as we near the end of February. Gold is up 3.26% in the last 30 days. Silver outperforms gold during the same time period increasing by 6.33%. Historically, options expiration performances were muted allowing the bears to both be profitable and to achieve the goal of price suppression. I will write more about the reasoning behind precious metals price suppression in the future. But for now, is this an indication of changing times??? Following the metals closely has taught me to never underestimate the power of printed money to influence any market in either direction, both up and down.

By |2017-03-30T21:24:30+00:00February 23rd, 2017|Gold|

About the Author:

Mike Will is the owner and founder of Encore Gold. Mike is passionate about the truth in life, economics and how those impact us all on a daily basis.

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