It’s been a great week in precious metals, but tough times could be lurking just around the corner. Host Craig Hemke sits down with internationally renowned metals trader and analyst Andrew Maguire to break down all the gold and silver news you need to ride out the bumpy week ahead.
In this edition of The Weekly Wrap-Up, you’ll hear:
- Why next week might be tough for precious metals investors
- Andy’s thoughts on the silver market
- Plus: What to expect from the June option expirations
“There are two things that come straight to mind, and that is, basically from my wholesale market side, we see a massively strong wholesale market. Now, we’re talking both gold and silver here. We could put silver in, you could put gold in, but they’re both extremely strong wholesale markets. And, you know, we’re now seeing Swiss refineries sold out for immediate delivery, and that’s in conflict, though, with the upcoming Bank for International Settlements’ options expiry event, which will come in a day earlier than usual, on the 28th of May, due to the UK market holiday on Monday the 31st.”
To hear Andy’s full thoughts on the week’s gold and silver news, listen here: