Equities indices fell greater than 3% on Wednesday, with gold and silver also liquidating. Phil Streible, chief market planner of Blue Line Futures, beaks down the key basics behind this sell-off and why gold did not act as a safe haven asset today.
0:00 – Breaking down today's steps
2:45 – Trick levels for silver and gold
4:11 – Bear trend?
5:05 – Could things become worse?
5:44 – Pre-election method
7:35 – What to trade
8:36 – Gold mining stocks
9:47 – Appraisals
11:02 – Can volatility last?
12:01 – Belief on threat
__________________________________________________________________
Kitco News is the world's # 1 resource of metals market details. Our videos include interviews with noticeable industry numbers to bring you market-affecting understandings, with the goal of helping people make informed investment decisions.
Sign up for our channel to keep up to day on the most recent understandings relocating the steels markets.
For even more breaking information, visit
Follow us on social networks:
Facebook –
Twitter –
Google+:.
StockTwits -.
Live gold cost as well as charts:.
Live silver rate and also charts:.
Do not neglect to sign up for Kitco News' Weekly Roundup– appears every Friday to summarize the hottest tales & videos of the week:.
Join the discussion @ The Kitco Forums and also become part of the premier on the internet neighborhood for precious metals investors:.
Disclaimer: Videos are not trading guidance and the views shared might not show those of Kitco Metals Inc
.
