DOW Jones Drop Results in National, International Increase in Precious Metal Investments

May 10th, 2010 by

Thursday May 6, 2010 was a the second day in a row that the DOW Jones Industrial Average suffered a significant drop in price.

This was precipitated by a fear throughout Europe and the United States  that Greece, along with Ireland and Spain, could potentially default on its national debt. This fear resulted in gold and silver moving higher.

Of particular interest  to American investors  was the American Silver Eagle and the American Gold Eagle.  Internationally, the public was mainly buying 1 oz PAMP Suisse gold bars and Canadian silver maple leafs.

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