Why aren’t gold and silver shining?

Investing.com/Andrew Lane

Repost from 7-22-2021

photo image of stack of American gold eagle coins“It is painful isn’t it, watching the nonsensical performance of the monetary metals. Nothing makes sense at the moment on why we keep seeing red, day after day, given the macro horizon points everything to the north. It seems traders see any one macro that goes against gold and silver outweighs the other six for it.”

USAGOLD note: Lane voices a common complaint among precious metals investors these days as we work our way through the summer doldrums – and offers some answers. “Be greedy,” he concludes, “when others are fearful.”

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