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** Market Conditions Alert
**
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Gold and silver continue to trade
higher this week, receiving another boost today from new geopolitical concerns.
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Poland fired shots at 19
Russian drones claimed to have violated Polish airspace...
...and it invoked
Article 4 of NATO seeking emergency consultation with other NATO members.
Poland's prime
minister today warned the prospect of military conflict in Europe is "closer than
at any time since the Second World War."
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At
the same time, Trump is floating 100% tariffs on India and China to pressure
Russia over Ukraine.
Meanwhile, a U.S. District Court temporarily blocked Trump's firing of Fed
Governor Lisa Cook who stands accused of mortgage fraud. And the market is
certain the Fed will reduce interest rates next week -- possibly by even 50 basis
points.
Indeed, the case for having personal
exposure to physical gold and silver is as strong as ever, but Americans are
mostly sitting out the precious metals market so far.
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Retail demand has picked
up over the past two weeks, but selling and profit taking continues. It may take
silver breaking above $50 before the American public jumps on board.
Premiums on coins, bars,
and rounds are at 6-year lows -- thanks to the high degree of retail selling and
the glut of inventory in the U.S. dealer market. That spells opportunity for those
who are actually accumulating gold and silver.
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Other Great Options to
Consider
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