Sprott: If You Are Worried About the Action in Silver & Gold, Just Read This…

from King World News

If you are worried about the action in silver and gold, just read this…

Taper Tantrum Takes a Bite Out of Gold

March 4 (King World News) – Paul Wong, Market Strategist at Sprott Asset Management: Gold bullion is down 8.66% YTD through February 28, 2020, but is up 9.36% YOY. Gold mining equities have fallen 16.78% YTD but have increased 11.37% YOY. Silver and platinum are the precious metals standouts for the recent period, up 1.01% and 11.28% YTD, and 60.02% and 37.71% YOY, respectively. This compares to 1.72% YTD and 31.29% YOY returns for the S&P 500 TR Index.

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