Breaking News from America's #1 Precious Metals Dealer
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** Market Conditions Alert **
The Dow, S&P 500, and the Nasdaq all sold off viciously yesterday, with the Nasdaq having its worst day since 2022. This brings overall stock market losses to $4 trillion since last month's highs.
Shares of the "Magnificent Seven," the companies largely responsible for the strong performance of the major stock indices over the past year i.e. Nvidia, Tesla, Alphabet, Amazon, Meta, Apple, and Microsoft all fell sharply, with Tesla falling a whopping 15%.
Silver [link removed] and especially gold [link removed] didn't budge during the recent carnage, though, proving their "mettle" as risk hedges with low correlation to other asset classes. In fact, they're both trading HIGHER today.
Meanwhile, retail bullion demand in the U.S. only picked up slightly during the recent stock market downturn, even as premiums on coins [link removed] , bars [link removed] , and rounds [link removed] remain at multi-year lows.
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It's been demand from other regions of the world (along with steady central bank buying) that have fueled gold's $1,000 rally over the past 18 months. (You read that right, $1,000!)
However, a deepening stock market correction and especially a bear market, should it unfold, may finally get U.S. investors off the dime to buy gold too.
The major stock indices are off to another bad start again today.
This is certainly not the time to be shy about carefully examining one's exposures...
...and potentially beefing up allocations to gold and silver.
Don't miss this exclusive interview with Money Metals CEO Stefan Gleason [link removed] for his latest take on these fast-moving events as well as nagging Fort Knox questions, secret gold flows, and sound money reforms.
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This copyrighted material may not be republished without express permission. Offer only available through email promotion. Offer does not apply to previous orders and may not be combined with any other offer or program. Special shipping rates or other restrictions may apply to international orders. The information presented here is for general educational purposes only. Money Metals Exchange and its staff do not act as personal investment advisors. Nor do we advocate the purchase or sale of any regulated security listed on any exchange for any specific individual. While our track record is excellent, investment markets have inherent risks and there can be no assurance of future profits. You are responsible for your investment decisions, and they should be made in consultation with your own advisors. By purchasing from Money Metals, you understand our company is not responsible for any losses caused by your investment decisions, nor do we have any claim to any market gains you may enjoy. Money Metals Exchange is not a regulated trading ???exchange??? as defined by the CFTC and the SEC.
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