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24th April in Precious Metals of MV History

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These articles were published on Minyanville.com on 24th April in History. Checkout how time flies, enjoy reading!

With Oil and Gold Down, India Is Looking Up

on Apr 24, 2013 11:50 am by Craig Mellow

While America was absorbed by the Boston Marathon bombing and its aftermath over the past 10 days, the world financial landscape experienced a significant shift. Weaker economic signals from China continued to drive down the price of oil, bringing its drop since April 1 to an impressive 9%, as measured by the popular United States Oil Fund ETF (NYSEARCA:USO). The price of gold crashed sti... Read More


Hi-Ho, Silver! The Precious Metal Could Make a Comeback

on Apr 24, 2014 3:37 pm by Michael A. Gayed

I'm always making a comeback, but nobody ever tells me where I've been. -- Billie Holiday   Silver is often called "poor man's gold," given its comparatively cheaper price tag, as well as its behavior as a precious metal that moves not only on wealth preservation, but also as an industrial commodity. Generally, silver moves trendwise with gold, and in many ways can act as a leveraged way to tr... Read More
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