Lloyds Commodities: Stock market falls under cloud of “June Gloom"; precious metals shine

May 30, 2012 - PRLog -- Palm Beach Gardens, Fla. – The U.S. stock market is experiencing a “June Gloom,” with the Wall Street Journal and New York Times each reporting on May 29 that the fizzled Facebook IPO has deterred individual investors.

The Facebook stock has thwarted hope from investors thriving to have stock market success on the same level as Mark Zuckerberg himself – who launched the phenomenal social networking site from his dorm room eight years ago. According to New York Daily News, the Facebook stock fell $2.60, or more than 8 percent, to $29.31 in midday trading on March 29 – down 23 percent since its public stock debut.

Facebook stock launched to the public on May 18 following one of the most anticipated stock offerings in history, but technical glitches and lawsuits have caused lackluster stock performance.

“Many investors are viewing the risks of entering the stock market to be greater than the potential rewards,” noted Frank Gaudino, managing partner at Lloyds Commodities, a physical commodity wholesale dealer based in Palm Beach Gardens, Fla. “June tends to be a lackluster month for stocks. Going into the month, many investors are playing a waiting game – waiting for the Greek elections, waiting for the Supreme Court to rule on health care reform, and waiting on economic and job data from the U.S. and China.”

According to Gaudino, the weak position of the stock market is an ideal breeding ground for precious metals to boom.

“Investors are looking at their portfolio’s progress, or lack of it, and determining the corrections they need to make,” said Gaudino. “Sometimes, this means an investor will decide to take a break from the stock market and turn to precious metals.”

This is good news for Gaudino, since his business specializes in precious metal wholesale, and caters to investors who are interested in becoming independent precious metal dealers by capitalizing on precious metal retail.

Lloyds investors are given extensive back-office support for the day-to-day maintenance of their precious metal retail operations – as well as daily trade confirmations and statements.
“While the Facebook fiasco currently clouds the stock market, be sure to consider all the opportunities available as a precious metal dealer with Lloyds Commodities,” said Gaudino.

To learn more about opportunities with Lloyds, visit http://www.lloydscommodities.com/dealer-opportunities/bec....

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About Lloyds Commodities
Lloyds Commodities is a wholesale dealer specializing in the purchase and sale of precious metals such as gold, silver, platinum, palladium and copper. Lloyds maintains relationships with worldwide suppliers, financing institutions, and investment bankers to maintain client equity. Lloyds has extensive back-office support for day-to-day operations -- including trade confirmations and statements -- allowing its retail clients to focus on expanding and marketing their businesses. For more information about Lloyds Commodities, visit http://www.lloydscommodities.com/.