Current thoughts 10/19/16

Interesting thing going on with gold and silver and the dollar. This marks the second day that gold has moved up and the dollar moving up as well. Neither is moving up by much, but it’s interesting to me because mining stocks moved up the last two days rather nicely. Some of us took advantage of that but are flat with such a move presently and we’ll see what tomorrow brings.

The dollar is still topping at 98 but we may still move over that with some good economic data tomorrow. We also have the ECB interest rate decision and this can cause a move for the dollar and thus the metals.

Overall market was up today but still toppy.



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Doug Eberhardt is a 28 year financial services veteran and precious metals broker selling gold and silver at 1% over wholesale cost. Doug has written a book to help investors understand how gold and silver fit into a diversified portfolio, how to buy gold and silver, and what metals to buy. The book; “Buy Gold and Silver Safely” is available by clicking here Contact phone number for Buy Gold and Silver Safely is 888-604-6534


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