Leave No Stone Unturned: SchiffGold Friday Gold Wrap May 31, 2024
As silver holds above $30 per oz, Joel and JD discuss disastrous Chicago manufacturing, Howard Marks, Trump’s conviction, and the current shortage in platinum.
OTHER TOPICS DISCUSSED
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- Gold is trading at $2,327 (down $7 since last week’s close)
- Silver is trading at $30.37 (up $0.04 since last week’s close)
- Chicago PMI at lowest level since COVID (35.4 vs 40.8 expected)
- Legendary investors fear US equities are in a bubble
- Trump’s conviction moves (betting) markets
Quote of the week from Peter Lynch:
The person that turns over the most rocks wins the game.
TOP ARTICLES THIS WEEK
- The Ideological Battle Behind the U.S. Debt Crisis
- Less is More? Personal Technology & Real Estate Allocation
- Fed Shrinks Balance Sheet by Nearly $120B in May
- What a China-Taiwan Conflict Could Mean for Semiconductors, Gold
- Which Central Banks are Selling Gold?
- Gold Glistens as US Devalues Cash
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.
