by SchiffGold  0   4

Gold and silver are up once more this week and poised to sail away as soon as the Fed lowers rates of interest. Joel and JD focus on latest worth motion, meme shares, Fed coverage, and what to look out for earlier than costs rise additional.


    • Gold is buying and selling at $2,376 (up $16 since this time final week)
    • Silver is buying and selling at $29.59 (up $1.45 since this time final week)
    • BLS Inflation figures for April beneath expectation (0.3% vs. 0.4% anticipated)
    • Meme shares are on the rise; Recreation cease and AMC are up practically 4x and 3x, respectively.

Quote of the week from Charlie Munger:

Lots of people with excessive IQ’s are horrible traders, as a result of they’ve horrible temperaments.


The SchiffGold Friday Gold Wrap podcast combines a succinct abstract of the week’s financial valuable metals information coupled with considerate evaluation. You may subscribe to the podcast on Apple Podcasts and different podcasting platforms. The hyperlinks are beneath.

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The above references an opinion and is for info functions solely. It isn’t meant to be funding recommendation.

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