Money Metals Exchange: National Precious Metals Dealer Offers Gold-Backed Sound Money Scholarships to Deserving Students
precious-metals dealer is teaming up with a sound money policy group to help students pay for the ever-increasing costs of college.
EAGLE, ID / ACCESSWIRE / July 27, 2021 / Money Metals Exchange has teamed up with the Sound Money Defense League to offer the Sound Money Scholarship the first gold-backed scholarship of the modern era. Starting in 2016, these organizations have set aside 100 ounces of physical gold (currently worth more than $180,000) to reward outstanding students who display a thorough understanding of economics, monetary policy, and sound money.
The Sound Money Scholarship is open to high school seniors, undergraduate, and graduate students with an interest in economics, specifically the free-market tradition. Applicants do not have to be economics majors to be eligible to receive this scholarship.
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Although we tend to focus more on the fundamentals here at Money Metals, the technical indicators can offer important insights. Such as right now. Many traders, investors, and momentum players will closely examine the market trend to determine if and when to enter or exit the market. A market with a strong technical foundation can launch to dizzying heights, while a market displaying weak technicals will have a tough time putting together any sustainable upside. The gold market has been primarily range bound for the last two months. The $1700 and $1800 levels have acted as support and resistance. Medium term, though, gold has been in a downtrend since its $2,100 high last August.
Although we tend to focus more on the fundamentals here at Money Metals, the technical indicators can offer important insights. Such as right now.
Many traders, investors, and momentum players will closely examine the market trend to determine if and when to enter or exit the market.
A market with a strong technical foundation can launch to dizzying heights, while a market displaying weak technicals will have a tough time putting together any sustainable upside.
The gold market has been primarily range bound for the last two months. The $1700 and $1800 levels have acted as support and resistance. Medium term, though, gold has been in a downtrend since its $2,100 high last August.