Tariffs Terrorize Markets: SchiffGold Friday Gold Wrap 03.07.2025
📰Summary
Gold jumps $50 this week to $2,910, as silver surges to $32.60 (+$1.40). Global markets reel as uncertainty rises amidst escalating trade wars. Indicators show US recession risks on the rise. Price commentary begins at 10:02.
⏰Chapters/Timestamps
00:00: Introduction
02:18: Trade wars rage on
04:05 China's $179B stimulus bazooka
05:39 Europe cuts interest rates AGAIN
07:17 Germany creates $500B infrastructure fund
09:00 Recession indicators flash as retail sales suffer
10:02 Gold and silver market commentary
13:00 Upcoming Economic Events
💡Quote Of The Week
"Gold is money. Everything else is credit.”
– JP Morgan
🟨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.
Gold jumps $50 this week to $2,910, as silver surges to $32.60 (+$1.40). Global markets reel as uncertainty rises amidst escalating trade wars. Indicators show US recession risks on the rise. Price commentary begins at 10:02.
⏰Chapters/Timestamps
00:00: Introduction
02:18: Trade wars rage on
04:05 China's $179B stimulus bazooka
05:39 Europe cuts interest rates AGAIN
07:17 Germany creates $500B infrastructure fund
09:00 Recession indicators flash as retail sales suffer
10:02 Gold and silver market commentary
13:00 Upcoming Economic Events
💡Quote Of The Week
"Gold is money. Everything else is credit.”
– JP Morgan
🟨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.
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