If we go back to the last big market correction, the precious metals didnít fall, they soared. There were several reasons the gold and silver prices disconnected from the broader markets at the beginning of 2016.
In my newest video update, I show exactly what happened to gold and silver price as the Dow Jones fell more than 2,000 points in the January and February 2016. Investors back then who were expecting falling precious metals prices watched as gold shut up by nearly $200.
In the video, I discuss the price action in the Dow Jones, gold and silver prices. You can see quite clearly that as the markets began to correct lower, the precious metals disconnected and jumped higher:
What was taking place at the end of 2015 when the Dow Jones was topping at 18,000, the gold and silver prices were bottoming. While the precious metals prices are up higher today than what they were at the beginning of 2016, we have a very similar setup. Again, we are seeing a much different gold and silver market today than it was in 2008 before all hell broke loose in the markets.
Lastly, I believe investors are going to be surprised by the price action of gold and silver when the highly leveraged markets ROLL OVER in a big way.
The content on this site is protected
by U.S. and international copyright laws and is the property of GoldSeek.com
and/or the providers of the content under license. By "content" we mean any
information, mode of expression, or other materials and services found on GoldSeek.com.
This includes editorials, news, our writings, graphics, and any and all other
features found on the site. Please contact
us for any further information.
Live GoldSeek Visitor Map | Disclaimer
The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy
or completeness of the information (including news, editorials, prices, statistics,
analyses and the like) provided through its service. Any copying, reproduction
and/or redistribution of any of the documents, data, content or materials contained
on or within this website, without the express written consent of GoldSeek.com, Gold Seek LLC,
is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be
liable to any person for any decision made or action taken in reliance upon
the information provided herein.