Americans Just Can’t Seem to Get Enough Physical Gold & Silver
All the King’s Men Are Trying to Put Humpty Dumpty Together Again https://t.co/abAuNSEpMj
— Money Metals Exchange LLC (@MoneyMetals) May 1, 2020
Americans Just Can’t Seem to Get Enough Physical
Precious metals markets enter the month of May with some mixed signals near term. But the long-term picture continues to look constructive. All the metals appear to have put in major bottoms during the panic selling of mid to late March.
Barring another wave of virus outbreaks and economic lockdowns, the gradual reopening of state, local, and national economies should start to unleash more industrial and jewelry demand going forward. And the extraordinary fiscal and monetary stimulus being pumped into the financial system will, if nothing else, work toward the debasement of the U.S. dollar.
