Looking at the 1-yr mark, we see gold is up 1%, silver up 62%, platinum up 52%, and palladium up 22% since this time last year.
While proposed tax increases come carefully worded to give the impression of affecting only the wealthy among us, taxes have, in fact, already gone up for most Americans.
Gold was down a quarter at $1740 for the week, but silver was down 3% to $25.40, and platinum was down 2% to $1192. Palladium up another 6% to $2672.
Following the lead of Japan may mean outsized performance of gold in the years ahead, beyond what we previously thought possible or likely.
Gold and silver are up 1% in the past week, to $1745 and $26.04. Platinum is up 4% to $1218, with palladium up 8% to $2525.
For the 1-yr metric, Gold is up 4%, Silver is up 53%, Platinum is up 34%, and Palladium pulls up the rear down 4% since 1-yr ago today.
The American Eagle Coin Program is arguably the most notable and revered series of precious metals pieces offered by the United States Mint today.
Since last week Gold is down 2.8% to $1,788, Silver is flat at $27.21 and climbing, Platinum is up 6/10% to $1,259, and Palladium is up 2% to $2,407.
Silver being the main beneficiary, up 9% for the week to $27.05. Gold was up 1/2% to $1849, Platinum was up 4% to $1,110, and Palladium was down 2% to $2,298.
Today we will discuss some interesting conditions on the horizon for Gold itself, regardless of the outward influences of financial instability or world markets.