Gold closed the week about the same at $2,326 as silver closes down $0.40 at $29.13. JD and Joel explain what’s behind the institutional demand for gold, recent upswing in money supply, and the catastrophic presidential debate.
Gold closed this week slightly down but remains up 12.5% year-to-date. Silver is up 25% year-to-date. This week’s political news show governments around the world moving right and central banks adding on more gold.