This week, gold prices pulled back by around $50 from last week's levels, and silver dropped roughly a dollar. These movements coincided with the recent election of Donald Trump as the 47th President of the United States.
In this episode, things are a bit different with JD away, so Joel takes over to discuss the election results, share some exciting updates, and give a brief commentary on this week’s economic data.
Quote of the Week:
When the righteous [a]are in authority, the people rejoice;
But when a wicked man rules, the people groan.
– Proverbs 29:2
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.