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gold and silver make new 52 week highs!
as of july 21 , 2020 , the following news has made gold and silver touch new 52 week highs
- australia extended the wage and unemployment benefits
- europe passing a nearly 2 trillion dollar stimulus package for the corona virus hit economy
- usa is likely to come up with a 1 trillion dollar stimulus to keep the unemployment checks going ( usd 600 per week )
so , money printers all over the world ( central banks ) are going full steam , low interest rates for an extended period – no wonder gold and silver are so happy 🙂