Gold, Silver Lose Sheen

Gold, silver lose sheen

Gold and silver have clocked negative returns. Even the outlook for both gold and silver have turned negative. Precious metal prices are likely to drift lower until resistance level is breached.

Peter Schiff Sees A Buying Opportunity In Gold’s Selloff

Gold, silver, tech stocks, and bitcoin simultaneously declined on October 30, contrary to the usual behavior of safe havens. For Peter Schiff, this widespread sell-off signals a liquidity tension, but it may also reflect a temporary rush to the dollar amid margin calls. L’article Peter Schiff Sees A Buying Opportunity In Gold’s Selloff est apparu en premier sur Cointribune.

Peter Schiff Says Gold and Silver Losses May Signal Liquidity Stress

Spot gold fell 3.52% and silver dropped 6.06% late Friday. U.S. stock indexes also closed lower.

Peter Schiff Says Gold's Brutal Selloff Indicative of Major Upcoming Crunch

Peter Schiff says Friday’s steep drop in gold points to a short-term liquidity problem that could hit broader markets as soon as next week. Schiff Calls the Selloff a Gift The economist and longtime gold advocate reacted as precious metals tumbled on Oct. 30, writing: Today’s near $150 decline in gold and over $3 drop […]