Everything Sells Off!: SchiffGold Friday Gold Wrap 02.28.2025
Gold’s eight-week winning streak comes to an end! Gold pulled back to $2,860 (-$75) and silver dipped to $31.20 (-$1.20). In this week’s podcast, we break down the market pullbacks across gold, silver, crypto, and stocks, analyze Berkshire Hathaway’s record-breaking $334B cash position, and dive into Germany’s pivotal election results. Price commentary begins at 13:07.
OTHER TOPICS DISCUSSED:
01:20: Gold and Silver prices, Consumer Confidence and Housing
03:53 Berkshire Hathaway’s Behemoth Cash Position
05:49 Huge Rightward Shift in Germany
08:48 Trump’s Strategy
11:38 Tech Stocks Under Pressure: Nvidia’s Earnings
12:14 Wyoming Confirms Sound Money
13:07 Market Commentary
We could say Congress spends money like drunken sailors, but that would be unfair to drunken sailors—because the sailors are spending their own money.”
– Ronald Reagan
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.
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The above references an opinion and is for information purposes only. It is not intended to be investment advice.