BULLION BLURB - What's going on across the pond?
Posted on May 15, 2017
Big news out of France this week – Le Pen lost. This was much to the dismay of the European Gold Bugs who wanted to see France abandon the Euro, which would have done wonders for the price of gold.
They are still embracing solace that while some European banks are getting their financial situations in better condition, Greece’s banking system is still in a rapid downward spiral. The U.S. is looking a little better in general. But, with the uncertainty of healthcare reform and Congress simply “sticking their finger in the dyke” with the budget, there is still plenty of turmoil to keep gold interesting.
Whatever the outcome, don’t be too aggressive either way, maintain balance. Which, from our perspective, is to own some gold and own some silver.
Submitted by Howard Cook