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Gold fell over 10 percent yesterday and silver almost 20 percent because Trump announced that the economist friendly choice would be nominated for the Fed. A lo
by ls612 9mo ago
Gold fell over 10 percent yesterday and silver almost 20 percent because Trump announced that the economist friendly choice would be nominated for the Fed. A lot of the precious metals market activity was based on fears about US monetary policy not fears of an imminent depression.
- werdnapk 9mo agoGold and silver were up the most they'd ever been the previous 1-2 days... followed by them going back down. So don't mention the fall without the literal massive rise that happened hours before.
- jb1991 9mo agoThis is a good example of a comment taken completely out of context to indicate something that’s not true at all. Take a look at a chart of gold. Crash of 10% makes it sound like gold depreciated a lot.