← Back to All Videos

A-Mark Bullion Update

Blog Jul 6, 2016

A-Mark-Precious-Metals-IncAs far as US equities are concerned, the fallout from Britain’s referendum to leave the European Union is already ostensibly an afterthought. Following a two day plunge for the Dow, it has now spent the last three days recovering nearly all of its losses from the Brexit decision. Even with US equities recouping losses, the precious metals have not lost any ground. Gold is consolidating above $1,300 and continues to attract safe-haven bids. Despite gold not yet reaching the $1,360 level that it touched on the night of the Brexit vote results, silver is outshining gold and is currently at highs it hasn’t seen since September of 2014. The next major target in silver is $19 while $18.50 is short term support. Physical demand for fabricated coins and bars in the US remains subdued and it appears that institutional money is the driving force behind the move higher in the metals.

Thumbnail Photo We believe that everyone deserves a properly developed strategy for financial safety.

Lynette Zang

Chief Market Analyst, ITM Trading

Sources & References In This Article

    Similar Posts

    Blog Jan 9, 2020

    REAL OR FAKE GOLD, BIG VS SMALL BANK DEPOSITS… Q&A with Lynette Zang and Eric Griffin

    Learn More
    Blog Nov 28, 2018

    ENTERING THE MINEFIELD: Is Your Armor Ready? By Lynette Zang

    Learn More
    Blog Nov 27, 2018

    RECESSION to RESET: What Happens Next? Q&A with Lynette Zang and Eric Griffin

    Learn More
    Blog Nov 21, 2018

    A GLOBAL THREAT US & China Clash of the Titans

    Learn More
    Blog Nov 20, 2018

    PRECIOUS METALS STRATEGY: Get the MOST from Gold & Silver. Q&A with Lynette Zang and Eric Griffin

    Learn More
    Blog Nov 16, 2018

    IS THIS IT? Corporate Buybacks vs ETFs By Lynette Zang

    Learn More
    Blog Nov 14, 2018

    ETF-YOU: Will You Get Screwed? By Lynette Zang

    Learn More
    Blog Nov 13, 2018

    THE FUTURE OF GOLD: As Economic Patterns Shift. Q&A with Lynette Zang and Eric Griffin

    Learn More

    Not Sure What Works for You?

    Our team has over a century of combined experience in guiding our customers to the best products is for their wealth protection and preservation goals. Call us today.

    888-696-4653
    or schedule a call

    Schedule A Strategy Session

    Get Your Free Protection Guide

    Stay Informed

    Receive the latest updates regarding the economy.