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Silver is Set to Sail: SchiffGold Friday Gold Wrap May 17, 2024

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Manage episode 418800938 series 1553933
Content provided by SchiffGold. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SchiffGold or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Gold and silver are up again this week and poised to sail away once the Fed lowers interest rates. Joel and JD discuss recent price action, meme stocks, Fed policy, and what to look out for before prices rise further. OTHER TOPICS DISCUSSED -Gold is trading at $2,376 (up $16 since this time last week) -Silver is trading at $29.59 (up $1.45 since this time last week) -BLS Inflation figures for April below expectation (0.3% vs. 0.4% expected) -Meme stocks are on the rise; Game stop and AMC up nearly 4x and 3x, respectively. Quote of the week from Charlie Munger: A lot of people with high IQ’s are terrible investors, because they have terrible temperaments. 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. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com
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377 episodes

Artwork
iconShare
 
Manage episode 418800938 series 1553933
Content provided by SchiffGold. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SchiffGold or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Gold and silver are up again this week and poised to sail away once the Fed lowers interest rates. Joel and JD discuss recent price action, meme stocks, Fed policy, and what to look out for before prices rise further. OTHER TOPICS DISCUSSED -Gold is trading at $2,376 (up $16 since this time last week) -Silver is trading at $29.59 (up $1.45 since this time last week) -BLS Inflation figures for April below expectation (0.3% vs. 0.4% expected) -Meme stocks are on the rise; Game stop and AMC up nearly 4x and 3x, respectively. Quote of the week from Charlie Munger: A lot of people with high IQ’s are terrible investors, because they have terrible temperaments. 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. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com
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