October 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. The marketplace in October was focused on how fast the European Union economies were going down the tubes and how badly it would affect the U.S. economy. Ebola continued to dominate the news channels on TV, while a slump in oil prices squeezed oil-producing countries, from OPEC to Russia. Gold fell to a monthly low on October 3rd of …