February In Precious Metals, by Steven Cochran of Gainesville Coins
Welcome to SurvivalBlog’s Precious Metals Month in Review, where we take a look at “the month that was” in precious metals. Each month, we cover the price action of gold and silver and examine the “what” and “why” behind those numbers. Gold trended lower during February, after hitting multi-year highs in January, for several reasons. Physical demand from China was lower, after the habitual gold binge in January for the Lunar New Year. The Greek debt crisis tended to swing both gold and the U.S. dollar back and forth, but the warfare in Ukraine seemed to do little for gold …