May in Precious Metals, by Steven Cochran of Gainesville Coins
Welcome to SurvivalBlog’s Precious Metals Month in Review,by Steven Cochran of Gainesville Coins where we take a look at “the month that was” in precious metals. Each month, we cover the price action of gold and examine the “what” and “why” behind those numbers. What Did Gold Do in May? Gold began the month with another run at the $1,300 mark but was unable to break through after several attempts. This failure changed sentiment among speculators, leading gold lower. The Federal Reserve, thinking that the markets had stopped listening to them, started an all-out media blitz to stoke fears of …