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War Drums! SchiffGold Friday Gold Wrap Jan. 10, 2020

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The sound of war drums dominated this week. After Iran launched missiles at US bases in Iraq in retaliation for an airstrike that killed an Iranian general, gold spiked to over $1,600 an ounce — an eight-year high. But tensions seem to have eased and the price of gold with it, as the war drums have quieted. So, what did we learn from this and what’s next for the gold market? Host Mike Maharrey talks about it in this episode of the Friday Gold Wrap podcast.

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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SHOW NOTES

Peter Schiff: As a Hedge, I Favor Gold

Peter Schiff: Gold Climbs Wall of Worry

Looking Back and Peeking Ahead: SchiffGold Friday Gold Wrap Jan. 3, 2020

Fed Runs Repo Operations; Is It Baby-Stepping Toward QE?

Holdings in Gold-Backed ETFs Grew 14% in 2019, Hit All-Time Highs

Central Banks Continue “Remarkable” Gold-Buying Spree

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