Gold Holds Amid Disastrous Debate: SchiffGold Friday Gold Wrap June 28 2024
Gold closed the week about the same at $2,326. Silver closes down $0.40 at $29.13. JD and Joel explain what's behind the institutional demand for gold, recent upswing in money supply, and the catastrophic presidential debate.
OTHER TOPICS DISCUSSED
-Money supply begins to expand yet again.
-COTs report show institutional gold demand driving prices higher.
-Walgreens to close a "meaningful percent" of its 8,700+ stores.
-Trumps reelection odds rise rapidly after Biden's disastrous debate performance.
Quote of the Week:
"We pay billions - hundreds of billions of dollars to supporting other countries that are in theory wealthier than we are" - Donald Trump
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.
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
OTHER TOPICS DISCUSSED
-Money supply begins to expand yet again.
-COTs report show institutional gold demand driving prices higher.
-Walgreens to close a "meaningful percent" of its 8,700+ stores.
-Trumps reelection odds rise rapidly after Biden's disastrous debate performance.
Quote of the Week:
"We pay billions - hundreds of billions of dollars to supporting other countries that are in theory wealthier than we are" - Donald Trump
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.
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
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