The selloffin stocks is related to fears of a global virus contagion and an oncomingrecession. The selloff in gold isrelated to speculators greening up to meet margin calls in the stock market. Of the two, which seems to be a temporaryphenomenon and which the more permanent? Logic and common sense will ultimately prevail – particularly if thedeveloping sentiment about the economy sticks and central banks move to bluntthe first stages of a recession. As itstands on the year thus far, gold is still up 1.2%. Stocks (US) are down 13.1% andsilver is down 8.2%. (All three as of 1:31 MST, 2-28-2020)https://www.usagold.com/cpmforum/category/uncategorized/
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Last
$1.59 |
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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1 | 2000 | 1.590 |
1 | 5848 | 1.585 |
6 | 54797 | 1.580 |
3 | 12049 | 1.575 |
4 | 31230 | 1.570 |
Price($) | Vol. | No. |
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1.600 | 5848 | 1 |
1.605 | 5848 | 1 |
1.610 | 8348 | 2 |
1.615 | 5848 | 1 |
1.620 | 15848 | 2 |
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Last
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Change
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Open | High | Low | Volume | ||
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