by SchiffGold  0   3

Gold closed the week at $2,391 and silver closed up 7% at $31.20. JD and Joel clarify what’s beneath this huge worth upswing, drill into current US jobs studies, and ponder the hypocrisy of power-hungry politicians.


    • Buyers give 72.5% likelihood of a September rate of interest reduce
    • ISM manufacturing numbers present greatest contraction since COVID
    • Jobs: ADP jobs report reveals 10,000 jobs lower than anticipated; US unemployment knowledge larger than anticipated (4.1% vs. 4.0%)
    • UK Labour Celebration landslide victory
    • Politicians who mandated masks now ban them
    • Trip financing at vicious rates of interest

Quote of the Week:

If liberty means something in any respect, it means the fitting to inform folks what they don’t wish to hear.”​ George Orwell


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

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

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