Modern Finance, Ancient Wisdom: SchiffGold Friday Gold Wrap October 18 2024
Gold closed the week at $2,722 (up $65 since last week) and silver at $33.71 (up $2.19). We discuss the metals recent meteoric rise amid weak economic data and growing stress on major banks. We also unveil a new series on ancient wisdom.
OTHER TOPICS DISCUSSED
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- Department of Labor reports 241,000 new unemployment claims
- Empire State manufacturing index falls to -11.9
- Recent surveys shows 66% of voters view economy as “very or somewhat poor”
- Junk silver sale at $1.95 above spot
- Key headlines for next week
Quote of the Week:
Get wisdom, and whatever you get, get insight. Prize her highly, and she will exalt you.”
– Proverbs 4:7-8
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.
Listen on Youtube
The Friday Gold Wrap on Apple Podcasts
The Friday Gold Wrap on Stitcher
The Friday Gold Wrap on Spotify
The Friday Gold Wrap on Google Podcasts
The above references an opinion and is for information purposes only. It is not intended to be investment advice.
