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The Gold Update: Turbulence in The Metals Triumvirate
As you studied aficionados of deMeadville well know, we refer to those BEGOS Markets comprising Gold, Silver and Copper as “The Metals Triumvirate”. And lately, turbulent indeed has been its components’ price paths: • Gold from 23 July through 30 July fell by as much as -5.4%; • Silver from 23 July through 31 July fell by as much as -9.1%; • Copper from 23 July through 31 July fell by as much as -27.3% (ain’t no typo). Then specific to the week just past, Silver had no net weekly gain, and worse, “economy-leading, but now tariff-butt-kicked” Copper had no hope, period. However, Gold was a gainer, ... (full story)
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