Gold closed this week at $2,643 (up about $20) and silver at $29.65 (up about $0.30). 2025 is shaping up to be a year of huge economic uncertainty and downturn. We discuss what that means for metals. Market commentary begins at 9:37.
OTHER TOPICS DISCUSSED:
• 00:00 2025 Economic Outlook: A Cautious Start
• 03:20 China's Cybersecurity Breach: Implications and Concerns
• 04:43 Positive Developments in US Precious Metals Legislation
• 05:44 China's Gold Buying Surge: Analyzing the Trends
• 07:12 Consumer Credit Trends: The Rise of Doom Spending
• 08:08 Political Landscape: House Speaker Dynamics and Market Reactions
• 09:37 Gold and Silver Price Action: Anticipating 2025's Volatility
• 14:43 Looking Ahead: Potential Catalysts for Market Breakouts
QUOTE OF THE WEEK
The few who understand the system, will either be so interested from it’s profits or so dependent on it’s favors, that there will be no opposition from that class."
– Rothschild Brothers of London, 1863
The SchiffGold Friday Gol