Gold and silver prices are down

Interesting...

The CAGR (compound annual growth rate) of gold over the past 20 years is 10.04%. CAGR for the S&P 500 over the same time period, assuming dividends were reinvested, is 10.39%.

Silver is the slacker in the group coming in with a 7.91% CAGR over 20 years.
 
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I was hoping we would close the week above those levels but the reflex rally seems to have taken the boost off the PM rally.

$3000 and $35 are huge hurdles, lot of resistance. I’m surprised we’re still testing them. Everyone and his mother is predicting a gold sell off. The mob is usually wrong so maybe that’s it. 😆
 
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