Gold closed the week at $2,657 (up $5 since last week) and silver at $31.52 (up $0.67). We discuss the economic aftermath of Hurricane Milton, crashing Chinese stocks, and terrifying credit card interest rates.
OTHER TOPICS DISCUSSED
-September Core CPI data above expectations at 0.2%
-Jobless claims jump 33,000 to 258,000
-Consumer sentiment falls to 68.9
-Credit card interest rates reach average of 30.45% 
-The economic impact of Hurricane Milton and Helene
-Key headlines for next week
Quote of the Week:
Whoever eats up, robs, and steals the nourishment of another, that man commits as great a sin as if he had strangled or starved such a person to death... such is the sin of usury."
-Martin Luther
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 links are below.
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The above references an opinion and is for information purposes only. It is not intended to be investment advice.