What is going with metal prices?

Very well put!

 

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It is obvious to me that most dealers are expecting gold to continue to rise With gold eagles bringing $55 over spot at the indiana state coin show this weekend.

The bullion market is strong and It looks like most think it willl likely stay that way a while. I sold a couple of 100 oz bars of silver when it popped back up to $16. Not looking like the smartest move at the moment. It is much easier and cheaper to buy the metals in the ETFs. And it looks like that is what is really pushing the market at the moment. A new copper ETF is coming out so copper is going to open up to some new buyers, which means it is going UP>

Lack

 

Maybe not, but all the markets react to them. At least they always have, and probably will long after we are gone.

 

I disagree. Regardless of the election outcome, and regardless of which way the market subsequently moves, the commentators will say it is because of the outcome of the election -- and amazingly some people still believe this.

 

I think stock prices are more likely to react to the talking heads on TV, election results, scientific research, and other nonsense moreso than PM prices. You just don't see the amount of day traders in silver and gold as you do on Wall Street.