Dollar Ponzi

Bears Hitting Rock Bottom… so Got Me More SILVER Bullion!!

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from SD Bullion:

Bears Hitting Rock Bottom… so Got Me More SILVER Bullion!!

Another week of precious metals price action weakness coinciding with the new Federal Reserve Chair, Kevin Warsh’s first public FOMC appearance. Both silver and gold are now trading below their respective 200-day moving averages, and I bought more bullion today. Nothing has substantially changed in the underlying fundamentals of this secular bullion bull market. The precious metals market sold off on the week’s hawkish fiat Fed headlines. The spot silver price closed down at $64.86 oz bid.