Silver Breaks $30, What Comes Next?: SchiffGold Friday Gold Wrap May 24, 2024
Silver broke $30 per ounce and gold $2,500 this past week. Joel and JD unpack the recent breakout and Peter Schiff’s analysis, and what to look out for in the leg up.
OTHER TOPICS DISCUSSED
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- Gold is trading at $2,334 (down $80 since this time last week)
- Silver is trading at $30.30 (down $1.20 since this time last week)
- Death of Iranian president
- New home sales dip below expectations
- The value of Junk Silver
Quote of the week from Ronald Reagan:
If words cannot repay the debt we owe these men, surely with our actions we must strive to keep faith with them and with the vision that led them to battle and to final sacrifice.
TOP ARTICLES THIS WEEK
- Peter Schiff: Silver has New Support at $30
- The Copper Bull: Speculation vs. Fundamentals
- Death of Iranian President Carries Gold, Copper to New Record Highs
- Peter Schiff: There’s Still Time to Buy Silver!
- Peter Schiff: Biden Brags About Raising Taxes
- How the Regulatory State Cripples Small-Business
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.
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A Second Chance for Silver: SchiffGold Friday Gold Wrap June 7 2024
In light of the recent pullback and low premiums, now is a unique opportunity to buy silver with prices 40% below their historic highs of $50 per oz. JD and Joel also discuss the cause of the price pullback this week, the shocking Berkshire’s stock price fumble, and the 8-figure-fortunes of a GameStop day-trader.