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PM sector downside risk now looks minimal, Peter Spina adds

PM sector downside risk now looks minimal, Peter Spina adds
PM sector shows bottom signs

Peter Spina, CEO at GoldSeek.com, highlights that there is strong evidence the precious metals (PM) sector has reached a market bottom.

He adds that downside risk appears minimal and the next major upward phase could begin soon, possibly imminently.

Spina recently questioned how consumers are managing as inflation continues to drive up the cost of essential goods. Earlier, he observed that gold prices dropped sharply following a recent news event. These comments mark ongoing updates on market conditions from the GoldSeek.com chief.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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