Move Over Geo-Politics? Gold, Silver & Markets To Face Fed Influencers (Plus A Jobs Report On Friday)
Is it back to normal, back to the new normal, or will geo-politics steal the show again this week?
(by Half Dollar) After closing January with a loss in price, gold & silver prices have been on the move higher in the month of February
Silver is up over 11% since the early February lows:
Which means the price of silver is up over 4%, year-to-date.
The price of gold is also up over 4%, year-to-date:
Of course, that's an estimation using $1830 and $1908 as inputs.
A number of factors are seemingly having a major influence on the gold & silver markets right now.
In no particular order, affecting the gold & silver markets are:
The Zombie ApocalypseGeo-politicsThe Fed's tough talkChaos and volatility in other financial marketsEconomic statistics on Main StreetEtcetera, etcetera, etcetera.Interestingly, what is not being covered by the mainstream media propagandists and therefore not affecting the gold & silver markets right now are the worsening supply chain disruptions and the raging inflation.
In other words, if you avoid it, then it doesn't exist.
Uneasiness rising...