When it comes to markets, focusing too much on the day-to-day or weekly minutia can unsettle even the most hardened investor. This week, host Craig Hemke sits down with market strategist Paul Wong of Sprott, Inc. to break down all the gold and silver news you need to keep your eye on the big picture.
In this edition of The Weekly Wrap Up, you’ll hear:
- The latest on the commodities surge
- Is inflation “transitory”?
- Plus: What to expect from next week’s FOMC meeting
“I guess there are four factors that are driving gold, supporting gold, and are likely to push it higher into the future. U.S. dollar, real rates, M2 growth, and as you mentioned, inflation. So, we’ll just touch a bit on inflation. So, right now, inflation is running hotter than expected. The numbers came in higher than expected. The month-over-month increases are still eye-catching. This month it was 0.7. April was 0.9. And those are probably two of the highest back-to-back months in thirty years, maybe…”
To hear Paul’s full thoughts on this week’s gold and silver news, listen here: