The REAL REASON for GOLD and SILVER DROPPED!! | GOLD AND SILVER BULLION NEWS TODAY (7.16.2020)
Say It With Me Now...CHINA
Quick Video Synopsis: Okay, so the main reason why gold and silver tanked this morning was because of the economic news that came out earlier today from China. Gold and silver bullion prices dropped but still held great support on a weaker dollar. Silver generally outperformed gold though.
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Source:
Markets Insider "Global stocks tumble as investors weigh Chinese GDP data, which beats estimates but 'flatters to deceive'" -
https://markets.businessinsider.com/news/stocks/stocks-market-news-china-surprise-gdp-jump-weak-retail-spending-2020-7-1029400450#Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!
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https://www.youtube.com/watch?v=WBYEP3XssUE