Gold futures rose sharply Thursday as equities sank with markets focused on longer-term worries about the economy after a two-day meeting of the Federal Open Market Committee officials that ended Wednesday. “We’re seeing a sector rotation out of risk assets like U.S. equities and into the safety of gold, silver […]
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A “Miraculous” Turnaround in the Economy? Don’t Believe It – Weekly Wrap Up (June 5, 2020)
Gold and silver are down this week, thanks to a “miraculous” economic recovery. But on a street level, the outlook is much different. In this edition of the Weekly Wrap-Up, host Craig Hemke and Eric Sprott break down all the gold and silver news you need to cut through the […]
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Eric Sprott provides analysis of recent developments in the gold and silver markets – Weekly Wrap Up (May 22, 2020)
Eric Sprott provides analysis of recent developments in the gold and silver markets as well as commentary on some of his recent investments. Click On The Image To Listen This Edition of the Weekly Wrap-Up:
Gold bounces as expected
On Thursday, gold, silver and platinum were hit with some heavy selling and a reversal. They were all hit after rallying early and when the day was over, it was an ugly day. All three came down to support, but buyers are stepping in this morning. Gold was hit the […]
Gold, silver up on safe-haven demand amid gloomy economic outlooks
Gold and silver prices are solidly up in midday U.S. trading Thursday. Safe-haven demand is featured late this week as global stock markets have become shaky again. A growing number of economists are now projecting longer recovery periods for major world economies, highlighted by Federal Reserve Chairman Jerome Powell Wednesday […]