Because after all, people bought gold because COVID-19 was lurking over the world’s shoulder with no pandemic relief in sight. Right?
So after the knee jerking machines’ do their thing, maybe the precious metals will get back about finishing their correction in service to the real reason for people to want to hold them… in defense against what Federal Reserve and government officials are doing to the currency in service to the economy that they only know how to run one way, by inflation.
Here is the gold price trying to claw back after getting clubbed on the news.
And the silver price too.
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