by Keith Weiner
Gold Seek
Twice this week, the prices of the metals spiked. Once on early Monday due to a cause unclear to us. The second on Friday late morning (Arizona time) due to, get this, additional problems for Democrat Hillary Clinton. The stock market dropped at the same time that the prices of the metals surged. Call it the confidence speculation.
The price of gold ended the week +$10, and that of silver +$0.18.
Was it speculation? Or was it, this time for once, stackers going bananas buying up metal along with dried food, barrels of water, prime bunker real estate, and lead (ammo)?
Before we get to that, we want to tackle a fallacy that comes up over and over again. How do you define or measure the value of money?