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| Above, the National Money Show in Phoenix March 4. Photo by Armand Vaquer. |
Gold and silver have done exceptionally well this week, thanks to the collapse of two banks.
Gold is closed in and passed the spot price of $2,000/toz. According to Monex Live Prices, it is at $2,001.00/toz.
Silver also soared, reaching its highest spot price since February 2. It is at $22.72/toz. according to Monex.Live Prices.
It was predicted that precious metals would stand to gain from the uncertainty of the economy and the bank collapses.
This is definitely a great way to finish the week. I'm glad I bought when the silver spot price was down.
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