What started off as a relatively benign day in the gold and silver markets has turned into another bloodbath, which we’re also seeing in the other markets as well.
The world’s two most important financial facts are these: fiat is the meme money of deranged government thugs, and gold is the money of glorious citizen kings.
Prices rebounded sharply from late-week weakness, briefly reaching $4,950 before ending higher despite a CME margin hike that raised COMEX gold futures margins to 9%...
The bull market for gold, silver, the gold/silver stocks, many other precious metals, and even near precious metals this past year or so has been nothing short of spectacular.