Gold surged to $3,235, climbing nearly $200 since last week, while silver, the "sleeping dragon," woke up to $32.45, up over $2.50. Is this a new era of growth for precious metals? Joel breaks down how the dollar’s decline and market turmoil set the stage for a golden opportunity. Price action commentary starts at 12:15.
⏰Chapters/Timestamps
00:00 Intro
02:45 Key prices
03:20 This week's events
6:55 Trump pulling back tariffs
07:45 The White House's economic whitewashing
08:45 Why JP Morgan's Jamie Dimon fears recession
11:00 Fed presidents poised to cut interest rates
12:15 Gold and silver market commentary
14:50 Looking ahead
16:50 Gold:Silver Ratio Jingle
💡Quote Of The Week
"I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments.”
– Friedrich Hayek
🟨Connect With SchiffGold
SchiffGold on Instagram: www.instagram.com/schiffgoldnews
SchiffGold on Twitter: twitter.com/SchiffGold
SchiffGold on Facebook: www.facebook.com/schiffgold
SchiffGold's website: www.schiffgold.com
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms.
The above references an opinion and is for information purposes only. It is not intended to be investment advice.