Chris Vermeulen from The Technical Traders sits down with Jim Goddard on HoweStreet.com to discuss precious metals and the latest moves in the stock markets. We’ve definitely had a wild ride in equities with concerns of rates going up and the fed starting to liquidate their balance sheet.
Gold and Silver have been under tremendous pressure for the past year and change. They have constantly traded sideways, lower, or rotated out of favor. Overall, precious metals tend to come back to life right near the end of a bull market cycle for stocks. We’ve also seen increased volatility in gold, silver, and minors. The stock markets sold off this week in a big way, down 1 to 2 percent while gold minors were up 7 percent and silvers minors up 9 percent.
TO LEARN MORE ABOUT THE LATEST MOVES IN THE MARKETS – WATCH THE VIDEO
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Disclaimer: None of this material is meant to be construed as investment advice. It is for education and entertainment purposes only. The video is accurate as of the posting date but may not be accurate in the future.