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World War Two Shipwreck Yields $38 Million of Silver From the Atlantic

by Ed Steer
Ed Steer’s Gold & Silver Daily

Yesterday in Gold and Silver

Except for the inflection points, the gold chart on Wednesday looked an awful lot like the one on Tuesday. The only difference was that the New York low and high came at different times on each day…about two hours sooner for each on Wednesday vs. Tuesday. The New York low was $1,584.40 spot…and the high followed about two hours and change later at $1,584.40 spot.

Gold closed at $1,573.50 spot…down $5.80 on the day. Net volume was a reasonably light 111,000 contracts.

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