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Terrible Jobs News Strikes Fear: SchiffGold Friday Gold Wrap 8.2.2024

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Manage episode 432191722 series 1553933
Indhold leveret af SchiffGold. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af SchiffGold eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
Gold closed the week at $2,442 (up $56) and silver at $28.54 (up $0.64). Terrible jobs numbers this week struck fear in the markets and in the Fed. As recession warnings flash, precious metals are up. Could they go even higher soon? OTHER TOPICS DISCUSSED -VIX Fear gague spikes above 30 -Intel down 30% and ready to cut 15,000+ jobs -Olympics pistol shooting -Fed keeps interest rates unchanged at 5.25% - 5.50% -Nonfarm payroll at 114k jobs vs. 176k expected -Trump and SEC chairman Gary Gensler Quote of the Week: In the short run, the market is a voting machine, but in the long run, it is a weighing machine." -Benjamin Graham 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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396 episoder

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Manage episode 432191722 series 1553933
Indhold leveret af SchiffGold. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af SchiffGold eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
Gold closed the week at $2,442 (up $56) and silver at $28.54 (up $0.64). Terrible jobs numbers this week struck fear in the markets and in the Fed. As recession warnings flash, precious metals are up. Could they go even higher soon? OTHER TOPICS DISCUSSED -VIX Fear gague spikes above 30 -Intel down 30% and ready to cut 15,000+ jobs -Olympics pistol shooting -Fed keeps interest rates unchanged at 5.25% - 5.50% -Nonfarm payroll at 114k jobs vs. 176k expected -Trump and SEC chairman Gary Gensler Quote of the Week: In the short run, the market is a voting machine, but in the long run, it is a weighing machine." -Benjamin Graham 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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