Welcome to SurvivalBlog’s Precious Metals Month in Review, where we take a look at “the month that was” in precious metals. Each month, we cover gold’s performance and the factors that affected gold prices. What Did Gold Do in May? May was an extremely volatile month for most assets, and gold was no exception. Inflation fears and Fed reactions (or inaction) to fighting it dominated market sentiment, with investors fleeing stocks and bonds, but moving to cash instead of gold. Gold started the month by crashing by $48 to $1,863 an ounce. It would see five more extreme daily losses …
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