The Reason Behind Gold & Silver's Price Smash Today (PM Price Manipulation Explained)
And a discussion of whether or not you need to be worried about a continuing drop in prices
Gold and silver prices have dropped quite considerably today with gold, at $1,937 in the futures markets now, down a whopping $73 an ounce from its $2,010 price in the early morning hours yesterday. Silver, having reached a low of $22.15 earlier today is down from a high of $22.71 just a day ago. While $0.56 an ounce does not sound like much on the surface level, on a percentage basis, this equals a 2.5% drop, competing with gold’s larger 3.6% drop in a day. I believe I know EXACTLY the reason for today’s price smash and here it is.
skwealthacademy by J. Kim is a 100% reader-supported publication. To receive access to all skwealthacademy stock picks and all critical investment articles, subscribe today. Full disclaimer and sample subscriber testimonials here.