Another up down week in the metals. It looks like a market beyond technical analysis, beyond fundamentals, and even Sharps Pixely out of London calls the action this week an engineered take-down.
Given the market action this week it is interesting to note that Keith Neumeyer, CEO of First Majestic claimed on BNN Bloomberg that silver production is down again this year; the third in a row. The price action in the market this week belies the true market fundamentals. Which is why so many analysts and countless articles are pointing to much higher prices for silver and gold in the future.
In the third segment we look at the benefits of holding a precious metals in a TFSA and in the fourth segment we look at some of the key reasons you may want to consider owning a Natural Fancy Color Diamond.
The article of the week comes from Gary Christenson titled ‘Hurricanes are Coming’. In it he draws the comparison to one of natures most devastating events to the current economic factors like national debt and pension default. The idea of readiness is important not just for natural weather events, but economic ones as well.
