Wall Street Roaring & Precious Metals Still Making Noise February 17, 2017 Walter is on vacation through 2/21/17. This post was written by a Dillon Gage Precious Metals Staff expert. Steady as She Goes… Champagne corks continue to pop all along Wall Street, as the stock market continued a record-shattering week in which all-time highs were achieved several days in a row. Overall from this same point last week, it measures out at just under a three percent overall gain. You’d have to go all the way back to 1991-92 for a similar streak. Whether it’s all attributed to the “Trump Bump” or not, things are looking pretty rosy in New York’s financial district. Lately, metals haven’t been too bad off either, with a weakened and lower U.S. dollar boosting spot prices for gold. On the global stage, equity markets have stagnated a bit, leaving investors a tad bullish on precious metals as a safe haven. At last check this morning, the price of gold is holding above $1,240 per ounce. The silver market continues to shine, with a seven-week uptrend in prices. Silver futures prices hit a three-month high yesterday and currently sit at $18.05 per ounce. Found an interesting precious metals tidbit in the news yesterday—a Federal judge in Ohio has signed an order which would permit deep-sea treasure diver Tommy Thompson to reveal the location of 500 missing gold coins he retrieved from the sunken S.S. Central America, which went to the bottom of the sea in a hurricane in 1857. Thompson is currently being held in contempt of court for his silence on the matter. Interesting story all around. Have a wonderful weekend and stay tuned… Disclaimer: This editorial has been prepared by a staff member of Dillon Gage Metals. This document is for information and thought-provoking purposes only and does not purport to predict or forecast actual results. It is not, and should not be regarded as investment advice or as a recommendation regarding any particular security, commodity or course of action. Opinions expressed herein are current opinions as of the date appearing in this editorial only and are subject to change without notice and cannot be attributable to Dillon Gage. Reasonable people may disagree about the opinions expressed herein. In the event any of the assumptions used herein do not come to fruition, results are likely to vary substantially. All investments entail risks. There is no guarantee that investment strategies will achieve the desired results under all market conditions and each investor should evaluate its ability to invest for a long term especially during periods of a market downturn. No part of this editorial may be reproduced in any manner, in whole or in part, without the prior written permission of Dillon Gage Metals. This information is provided with the understanding that with respect to the opinions provided herein, that you will make your own independent decision with respect to any course of action in connection herewith and as to whether such course of action is appropriate or proper based on your own judgment, and that you are capable of understanding and assessing the merits of a course of action. You may not rely on the statements contained herein. Dillon Gage Metals shall not have any liability for any damages of any kind whatsoever relating to this editorial. You should consult your advisors with respect to these areas. By posting this editorial, you acknowledge, understand and accept this disclaimer.