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Gold’s Record Week! SchiffGold Friday Gold Wrap Aug. 9, 2019

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The price of gold surged this week, breaking all-time records in a number of currencies. It also did pretty well in dollar terms, hitting six-year highs and pushing above the key $1,500 level. Meanwhile, silver had its best single day in over three years. What drove this week’s precious metals rally? And can we expect it to continue? Host Mike Maharrey talks about it in this week’s Friday Gold Wrap.

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.

Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and political news as it relates to gold and silver, along with some insightful commentary.

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You Can Also Listen on SoundCloud

SHOW NOTES

Gundlach: Gold should keep rising if negative-yielding debt keeps growing

Gold Demand Hit Three-Year High Through First Half of 2019

Peter Schiff: The Trade Is Get Out of the Dollar and Look at Gold (Video)

ETF Gold Holdings Hit Highest Level Since March 2013

Fed Interest Rates Since 1970

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