It’s been another down week in gold, and with the yellow metal usually leading the way, what does this mean for the rest of the metals? Host Craig Hemke sits down with Bob Thompson of Raymond James in Vancouver to break down all the gold and silver news you need to separate the signal from the noise.
In this edition of the Weekly Wrap-Up, you’ll hear:
- What the breakout in commodities means for precious metals.
- PSLV vs SLV: Which is the better ETF for you?
- Plus: Will banks be forced to deleverage the system?
“You know, it’s crazy. I’m sitting here looking at the headlines from today, and here they are: ‘Treasury Secretary Jan Yellen Makes Push for Major Stimulus, Sees Bigger Risk in Not Doing Enough.’ ‘Jobless Claims Show Unexpected Move Higher.’ ‘US Producer Prices Post Biggest Gains Since 2009.’ ‘Household Debt Rises to $15 Trillion Due to Record-Breaking Borrowing.’ I mean, craziness. Craziness! At any other time, if you were to look at that, this is so bullish for all the metals…”
To hear Chris’s full thoughts on the week’s gold and silver news, listen here: