Posted on Feb 5, 2020

Money Metals Exchange

Silver has fallen about $.45/oz from the early January highs, and gold has lost around $9/oz. Frankly, price action could be a lot worse.

During that time, the Federal Reserve Note dollar rallied and the equity markets roared higher. That combination should be bad news for gold and silver markets, but the premier precious metals have held onto most of their recent gains.

Perhaps the metals markets are seeing past the rally in the dollar. There isn’t much to support that move higher, after all. The Fed recently signaled a dramatic about face on monetary policy.
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