We invite you to return throughout the weekend as we update this post. ~ Ed.
You Can Hear A Pin Drop
As of 5:00 PM EDT gold futures basis the most active April contract is currently trading up $0.30 at $1412.30. Although the last two trading days have been extremely quiet very little net change, gold traded to its highest level this week when on Tuesday traders took gold futures to an intraday high just above $1442 per ounce. As we come to the last trading day of the month gold managed to exhibit its largest monthly gain in the last three years. In fact, gold gained approximately 8% in the month of June… (Continue to full article)
Silver Will Pause Before Going Higher
Silver will likely find resistance near $15.60 and move slightly lower before another upside price leg takes place. Both gold and silver have begun incredible price rallies over the past 10+ days and we believe this is just the start of a much bi…… (Continue to full article)
Great, Gold is on Fire, But What About Silver’s Party?
Although gold has seen historically high gains this week, silver’s potential shouldn’t be overlooked, according to David Morgan, editor of the Morgan Report.
“Silver is the only place to go at this level,” Morgan said. “If you get 92 silver rounds for what you get one ounce for, it pays to just buy the silver, wait, and swap it into gold when the ratio drops lower.”
With the gold-silver ratio currently around the 92 mark, Morgan said silver is currently… (Continue to full article)
Should JPM Have Gotten a Second Chance
How many second chances should a criminal recidivist get? JPMorgan Chase has logged in guilty pleas to three criminal felony counts in the past five years; it has a criminally-charged precious metals trader singing to the Feds currently as JPMorgan admits in regulatory filings that it’s under a new criminal investigation in that matter; the bank has paid $36 billion in fines for wrongdoing since the financial crash, including $1 billion for trading exotic derivatives in London with bank depositors’ money and losing at least $6.2 billion of those depositor funds… (Continue to full article)
[Got physical… close at hand?]
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Protecting Your Wealth is heard at 3:00 p.m. (Eastern Time), each Tuesday and Thursday on Republic Broadcasting Network. Jeffrey Bennett, host of the program will be sharing over 60 years of his personal experience in the precious metals markets, in addition to educational commentary regarding YOUR financial health and welfare.
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