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 Bill Hionas Cautions Investors Not to Panic at Every Swing in the Market- Bill Hionas Cautions Investors Not to Panic at Every Swing in the Market
- October 19, 2011
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The market for precious metals bullion can change very quickly, often on a whim or a rumor.
MIAMI, FL- As an example, gold traded significantly lower this morning, following a drop in the euro and a corresponding rise in the US dollar. However, by the end of the trading day, much of these losses had been recouped, leaving gold firmly back in the mid $1660s. This is still down slightly compared with the previous day, but is comparatively solid, as the dollar backed off from earlier highs.
At the same time, silver remained strong and palladium is poised to rise significantly as suppl...
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