Why Gold & Silver Arent Soaring Midst of Government shutdown

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tbird165
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Why Gold & Silver Arent Soaring Midst of Government shutdown

#1 Unread post by tbird165 »

The government shutdown, which is currently six days in, has had some interesting and unexpected consequences on the stock market and precious metals market. On 10/1, the stock market continued its upward trend without skipping a beat, while the precious metals market got hammered. Investors were caught off guard, as uncertainty typically doesn’t bode well for stocks, while gold and silver historically have seen some of its strongest returns in the midst of uncertainty. While gold and silver as of this writing have since bounced back to its pre-shutdown levels, it’s clear that the showdown in Washington D.C. has had very little impact on the gold and silver markets. Below are a few reasons why we believe that the government shutdown has had minimal impact on the gold and silver markets. - See more at: http://atlantagoldandcoin.com/why-gold-silver-arent-soaring-in-the-midst-of-a-government-shutdown/#sthash.15USbHLc.dpuf

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