February 2020 in Precious Metals, by Steven Cochran

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 gold’s performance, and the factors that affected gold prices. – Steven Cochran, of Gainesville Coins Gold In 2019: A Review Before we get into gold’s wild ride in February, let’s take a look at it’s performance last year. (Data for this review was supplied by the World Gold Council.) Overall global gold demand was down 1% in 2019, to 4,355.7 metric tonnes (4,801.3 US tons). Higher prices slowed physical gold demand, but this was more …




June in Precious Metals by Steven Cochran of Gainesville Coins

Welcome to SurvivalBlog’s Precious Metals Month in Review, by Steven Chochran 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 June? Gold made another run for the $1300 mark in early June. It closed at $1,294 an ounce on June 6th. This was not acceptable to the market manipulators, so they engineered a “take down” in gold later in the month. By trading 1.8 million ounces of gold (61.7 U.S. …