Are Discounted Metals a Buy?

Posted by on April 23rd 2012 in Bailout, Federal Reserve, General Economy, Gold, India, Monetary Policy, Short Sellers, Silver, Wall Street | Be the first to comment!

“So just go buy your physical and be thankful that you are getting it at a cheaper price today,” says precious metals analyst Harvey Organ in an interview with Chris Martenson.  How much cheaper?  Gold and silver were both down on Monday, with gold off $10 an ounce, and silver falling about $1.00 as it formed a “descending triangle” on the daily chart, before rebounding in after-hours trading.

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