Precious Metals Tank, Coin Collectors Happy?
Overnight trading whiplashed precious metals into unconsciousness and a recovery appears to be nowhere in site on Friday.
As of this writing, New York spot gold is below $780 an ounce, silver tanked to under $12.80 an ounce, and platinum plunged to below $1,350 an ounce.
Senior analyst Jon Nadler at Kitco Bullion Dealers appropriately titled his morning bullion commentary with: The Market is Like a Box of Chocolates…
How true. Analysts can pound and pound the numbers, but sometimes "you never know what you’re gonna get.”
