In this week’s Friday Gold Wrap Podcast, JD and Joel discuss why gold is up today, “doom spending,” and other market and precious metals news.
In this week’s Friday Gold Wrap Podcast, JD and Joel discuss recent gold price action and market news. They also cover last Friday’s non-farm payroll numbers, the strike on Houthi rebels, and the SEC’s fumble with Bitcoin ETFs.
On Wednesday, January 10th, the Securities and Exchange Commission (SEC) made an interesting decision, voting to allow everyday folks to participate in spot bitcoin ETFs. This move marks an opening for a broader audience to delve into Bitcoin speculation.
The approved ETFs are set to be listed on various exchanges, including Nasdaq, the New York Stock Exchange, and the Chicago Board Options Exchange. This is supposed to provide an additional layer of oversight. But the announcement went terribly wrong, amplifying concerns about the ETFs.
