📰Summary

Gold’s eight-week winning streak comes to an end! Gold pulled back to $2,860 (-$75) and silver dipped to $31.20 (-$1.20). In this week’s podcast, we break down the market pullbacks across gold, silver, crypto, and stocks, analyze Berkshire Hathaway’s record-breaking $334B cash position, and dive into Germany’s pivotal election results. Price commentary begins at 13:07.

⏰Chapters/Timestamps

00:00 : Pullbacks in Precious Metals

01:20: Gold and Silver prices, Consumer Confidence and Housing 

03:53 Berkshire Hathaway's Behemoth Cash Position

05:49 Huge Rightward Shift in Germany

08:48 Trump's Strategy

09:40 Cryptocurrency Trends: Bitcoin Drops

11:38 Tech Stocks Under Pressure: Nvidia's Earnings

12:14 Wyoming Confirms Sound Money

13:07 Market Commentary

19:40 Pawn Stars

21:40 Upcoming Economic Events and Closing Thoughts

💡Quote Of The Week

"We could say Congress spends money like drunken sailors, but that would be unfair to drunken sailors—because the sailors are spending their own money."

– Ronald Reagan

🟨Connect With SchiffGold

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

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 above references an opinion and is for information purposes only. It is not intended to be investment advice.