$GLD and $SLV Prices as of March 9 2020 @moneymetals
8:34 AM
March 9, 2020 – Gold and silver prices bounced strongly last week after having followed equity prices sharply lower, but silver is under pressure again this morning amid a new stock market rout.
Crude oil futures plummeted over the weekend with Russia and Saudi Arabia opening the production spigot even as demand for oil is falling in key markets such as China.
The potential for price volatility coupled with what we know about bullion bankers’ inclination to exploit the situation using their concentrated financial power make it an especially dangerous time to be in the leveraged futures markets.
Another week of tumultuous trading may reinforce what is starting to look like a sea change in sentiment – especially with regards to equities. Traders are looking to sell rallies rather than buy dips.
Check out live precious metals prices here:
https://goo.gl/gy5XMA
Crude oil futures plummeted over the weekend with Russia and Saudi Arabia opening the production spigot even as demand for oil is falling in key markets such as China.
The potential for price volatility coupled with what we know about bullion bankers’ inclination to exploit the situation using their concentrated financial power make it an especially dangerous time to be in the leveraged futures markets.
Another week of tumultuous trading may reinforce what is starting to look like a sea change in sentiment – especially with regards to equities. Traders are looking to sell rallies rather than buy dips.
Check out live precious metals prices here:
https://goo.gl/gy5XMA
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