Hello,
I hope you and your family are doing good.
Thank you for subscribing to receive this newsletter from the Free Bullion Investment Guide.
Over the last month I've been trying to make some pages more easy for you to navigate.
For instance, updates have been made to the "bullion coin sections" on all the government mint/bullion coin pages.
You can see what I mean by viewing the following pages:
The sitemap on the Free Bullion Investment Guide has also been updated with smaller font sizes to make it easier to navigate.
The World Bullion Buying Guide
page has also been re-edited and update, and I'll be working on the
other buying guides during the next several weeks to bring them more
up-to-date.
For the last newsletters,
I've been saying Gold and Silver's trading is "Range Bound," Gold's
price has been stuck trading between $2080.00 - $1885.00, and Silver's
been stuck between $26.00 - $22.00 price levels.
But
now that the lows in both precious metals have been broken by traders
selling their precious metals holding for liquidity to cover where they
are loosing their ass(ets) in other investments, we may see both
precious metals make lower lows as this process continues.
It's
a little known fact that risk-on / speculating investors regularly park
a portion of their money in gold and silver, so when times get tough in
the broader markets, precious metals see short-term extreme drops in
price when speculators run for where they know they have money stashed
for that rainy day.
I think there will be more rainy days to come, like we saw during gold's recent fall in price from $1925 to $1825.
The Fed's attempts to restrain inflation by raising the Federal Funds
rate higher than the inflation rate is not working because the Biden
Administration continues to cause the cost of energy to rise, which
totally defeats the purpose of raising Federal Funds rate.
But now we
have interest rates rising across the bond markets, which is pulling
more liquidity out of the market. The combination of these factors is
over taxing everyday person through higher energy prices and investors
through higher bond prices.
You can see what has happened whenever the Federal Funds Rate has been
too high for too long on the American People, a Recession (shaded
areas).
It won't matter what the labor department
reports on the job market; recession is likely to happen over the next
few months, and when the initial drop in the markets occurs, precious
metals will suffer too in the short-term.
It
is for this reason why I think we may see gold and silver hitting lower
prices; posted in the Gold and Silver Charts (below), I've indicated
where their Support and Resistance levels currently sit according to my
analysis.
Sign up for this newsletter (here) to see original chart at size 857x490
Apples of Gold - 10% OFF for the MILITARY - USE DISCOUNT CODE: "MILITARY ONLY" at CheckOut
Express Gold Cash - Cash for Precious Metals/Jewelry
Survival Frog - Survival Equipment
The Royal Mint (United Kingdom)
TradingView - Interactive Investment Charts
No matter what age you are, no matter where you are in life, the best thing you can do is get your heart and soul right with God = Jesus Christ, the son of God.
God, the Father, gave all authority to his son, Jesus Christ, after his resurrection from the dead.
Jesus died on the cross to save mankind
from sin and rose from the dead to save mankind from eternal death by
giving all those who believe in him eternal life. For God so Loved the World that he gave his one and only Son, that
whoever believes in him shall not perish but have eternal life. John 3:16
We all know that this life will not last forever, Jesus defeated death to give you eternal life all
you have to do is believe to receive this awesome gift. Learn about
Jesus Christ and how he died and defeated eternal death through his
resurrection so that you too can have eternal life - here.
Jesus answered, "I am the way and the truth and the life. No one comes to the Father [God] except through me. John 14:6
Until next month, Thank you for your time and for your support.
Take Care & God Bless,
Steven Warrenfeltz
www.free-bullion-investment-guide.com
For Bullion Market News...
|
|
Search the Guide
search engine by freefind | advanced |
Daily
Silver Panda |
The Royal Mint &
United Kingdom Bullion Coins
Updated
Numismatic & Bullion Auctions page
Help Us Expand our Audience by forwarding our link
www.free-bullion-investment-guide.com.
Thank You!
All Articles were Originally Posted on the Homepage