Email a copy of 'May 2020 in Precious Metals, by Steven Cochran' to a friend
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I actually got my hands on some of the Emergency Issue Silver Eagles!
They are so cool!!
Have a Rockin great day!
Gold prices were extremely volatile during the month? $1688 to $1750 is hardly volatile.
Give me a break!
Exactly. Some people profit from the emotional manipulation and the creation of fear in others.
I was speaking of day-to-day volatility of multi-day rallies hit by big single-day losses (the second sentence in the article), not highs and lows for the month (which I also mentioned). This was more true for futures than for spot, because that’s where the weak longs and shorts are. A quick recap:
up $19.10
down $24.80
up $37.39
down $27.80
up $58.30
down $21.90
up $17.70
down $30.30
up $13.60
down $31.30
Spot gold for May
up $17.80
down $0.40
up $3.60
down $22.00
up $33.90
down $5.70
up $45.00
down $10.20
up $16.40
down $20.90
up $5.20
down $17.90
Remember that the devil is noisy indeed… We hope everyone will keep their eyes open, and remain focused and steady and forward moving in all preparedness activities and endeavors.
Remain steady. Be safe. Stay well everyone!
I appreciate the post.
Thanks! There’s always more I’d like to cover, but this month’s column was 3600 words before I started trimming.