Tariffs Terrorize Markets: SchiffGold Friday Gold Wrap 03.07.2025
Gold jumps $50 this week to $2,910, as silver surges to $32.60 (+$1.40). Global markets reel as uncertainty rises amidst escalating trade wars. Indicators show US recession risks on the rise. Price commentary begins at 10:02.
OTHER TOPICS DISCUSSED:
04:05 China’s $179B stimulus bazooka
05:39 Europe cuts interest rates AGAIN
09:00 Recession indicators flash as retail sales suffer
Gold is money. Everything else is credit.”
– JP Morgan
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.
