Gold and Silver Prices Did Not Rise on the Back of the Coronavirus Threat (and the Quiet Act of Raising Margins on Gold and Silver Futures)

There has been a lot of misinformation circulated in the mass financial media as always, this time regarding the reasons why gold and silver prices have spiked recently. Almost all mass media financial outlets have posed the question, “How long the ‘coronavirus-based’ gold and silver price spike can last?” Asking this question is conflating correlation …