Silver and Gold Market Update - July 5, 2024
HTML-код
- Опубликовано: 6 сен 2024
- Silver Spot Price Today. Silver News Today. Gold Spot Price Today. Gold News Today.
Gold is up $7.39 cents to $2364.24at the time of filming during overnight trading Wednesday. Silver is also up 21 cents to $30.59. The Gold to Silver Ratio is down to 77.33.
According to Christopher Lewis, market analyst at FX Empire. If gold and silver prices dip following today’s nonfarm payrolls report traders should treat it as a buying opportunity.
Whatnot Referral Link - whatnot.com/in...
Contact me: MinuteManPreciousMetals@gmail.com
#goldandsilverprice
#goldandsilverpricepredictions
#coincollecting
#numismatics
#numismatic
#silverstacker
#goldstacker
#silverstacking
#goldstacking
#goldandsilverinvesting
#silverbullion
#goldbullion
#silver
#gold
#bullion
#sterling
#estatesale
#sellinggoldandsilver
#goldcoins
#silvercoins
#silverinvesting
Disclaimer: Minute Man 6's video's typically consist of conversations surrounding education regarding and the acquisition of, but not limited to the following: silver, silver spot price, gold, gold spot price, platinum, silver coins, generic silver rounds, collectible silver rounds, fractional gold coins, pre-33 gold coins, ancient coins, American Silver Eagles, Perth Mint Coins, Mexican Silver Libertads, Fractional Libertads, Proof Libertads, Mexican silver Onzas, junk aka constitutional silver, silver bars, vintage silver rounds, platinum, vintage silver bars, Morgan Dollars, Peace Dollars, paper currency, numismatics and coin collecting in general, history, silver spot price, gold spot price, coin shops, coin dealers, coin shop videos, how to sell silver, how to sell gold, and more. Please understand that although the conversation frequently touches on the state of the economy and how it affects the accumulation of precious metals (stacking), Minute Man 6 is no way a financial advisor. You the viewer is ultimately responsible for making your own decisions.
About 45 years ago a class action lawsuit was brought against the Franklin Mint for PRICE GOUGING their silver products by 2x the price of silver. The suit was dropped when the price of silver went over $40 an oz. Thanks to the Hunt brothers! You would THINK some HOT SHOT LAWYER would start a class action lawsuit against the U.S. Mint as they are now charging OVER 3X the price of silver ( currently $31.50 or thereabouts!) What do you folks think about some lawyer taking up our case against the mint for PRICE GOUGING?
Hi Roy, I don’t think a court case will come about, but I was not happy to read the email concerning the US Mint’s price increases. The US Mint should not be a for profit institution. Their products should be made available at a cost to the American people. Of course I understand that advertising, website development and management, numismatic programs, and many other things could add to the manufacturing cost, but again with these things added in products should be at cost. I would have no problem with reasonably marking up mint products for international sale. As collectors we can choose to not buy, reduce our purchases, or buy on the secondary market with hopes that prices come down on that side of the market. I plan to buy on the secondary market, only if I get a fair deal.
Where do you think today's data will take the markets? Will we have the buying opportunity that the analyst predicts in my video?
Guess we just wait for the Data to be released and then decide what to do but I'm always going to buy pull backs. I stack dollars during run ups and then wait for Fibonacci retracements to dive in.😂
@@lawrencehoward9646 that is a great strategy and one I use as well.
@@MinuteManPreciousMetals I knew there was a good reason I liked your channel 🤣🤣
Well the June nonfarm payroll data is out, and it could not be better for bulls. The economy continues to create jobs even as unemployment ticks modestly higher. (Crossing 4 %). Wage pressure appears to be moderating. It looks like we will not see a buying opportunity for Gold and Silver today…
@@MinuteManPreciousMetals Honestly, whatever the government figures they put out, to me, are a bunch of BS! We have over 2 millions illegals allowed to be here, and if we keep the mind diseased president, in another 4 years that will double! I don't know about your area but here on Long Island, businesses are shutting down faster than the plague! You can't tell me that unemployment isn't getting worse and looking here on RUclips, HOMELESSNESS is getting worse! We can't even take care of our Veterans, much less all these illegals, who BTW, have never been checked for disease and CERTAINLY are bringing in disease that America eradicated years ago! Wait until the next Democommie push for tax increases! Sorry to get off topic but gouging on coin prices just goes along with the governments way of helping the bad guys our fathers fought against defeat us without us fighting back!