📰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.

📰Summary

Gold’s eight-week winning streak rolls on! Gold climbed to $2,935 (+$50) and silver reached $32.49 (+$0.29). In this week’s podcast, we break down Walmart's earnings tumble, AI bubble alerts, global bank moves & even whispers of a Doge-led Fort Knox audit. Price commentary begins at 15:07.

⏰Chapters/Timestamps

00:00 - Gold and Silver Performance

03:01 Economic Data 

05:19 Financial Impact of AI 

08:28 Central Banks and Global Economic Trends

13:04 DOGE and Fort Knox Gold Audits

15:07 Gold and Silver Price Commentary

18:17 Upcoming Economic Events and Closing Thoughts

💡Quote Of The Week

"For nothing is hidden that will not be made manifest, nor is anything secret that will not be known and come to light."

– Luke 8:17

🟨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.

Gold’s climb toward $3,000 continues, closing this week at $2,885 (up $20). Silver followed, closing at $32.20 (up $0.35). Inflation surprises, looming tariffs, and surging global gold demand shape the market—listen for the full breakdown! Price commentary begins at 11:26.

OTHER TOPICS DISCUSSED:

00:00 - Valentine's Day and Metals Prices

01:17 - Soaring Inflation and other Economic Indicators

02:22 - Trump's Tariffs and Trade Strategies

05:29 - Global Gold Demand and BRICS

08:24 - DOGE and Social Security fraud

11:26 - Market Commentary and Outlook

16:19 - Upcoming Market Events

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

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

Gold’s epic rally continues, closing this week at $2,865 (up $65). Silver closed at $31.85 (up $0.50). Meanwhile, central bank stockpiling, trade wars and surprising job numbers keep things interesting—listen for the full breakdown! Price commentary begins at 11:26.

OTHER TOPICS DISCUSSED:

01:25 Economic Indicators and Job Market News

06:16 Gold Market Trends and Central Bank Purchases

08:45 Trade Wars and Economic Strategies

09:46 Retail Trading Trends and Big Tech Investments

11:26 Market Commentary and Gold Price Movements

15:15 SchiffGold Special Sale

17:05 Upcoming Economic Events

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

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

Gold hits record highs, DeepSeek AI shakes up tech, and central banks make decisions—big market shifts explained in this episode! Gold closed this week at $2,800 (up $25) and silver at $31.35 (up $0.75). Joel gives the full price commentary at 11:02.

OTHER TOPICS DISCUSSED:

01:32 Key Economic Indicators 

02:20 China's AI Progress and US Tech Stocks

04:10 Central Bank Updates: ECB and Fed

09:20 Peter Schiff on the Fed

10:10 Beware: Jim Cramer Goes Bullish on Bitcoin

11:02 Gold and Silver Price Action Analysis

15:22 Upcoming Economic Events

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

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

Trump's EOs set shockwaves through the markets. What's happening to inflation and gold prices? Gold closed this week at $2,775 (up $70) and silver at $30.60 (up $0.15). Joel gives the full price commentary at 11:03.

OTHER TOPICS DISCUSSED:

• 01:32 Key Economic Indicators 

• 03:01 The Impact of Trump's Executive Orders

• 05:57 Stargate and Cryptocurrency

• 09:34 Global Trade Dynamics and Japan's Rate Hike 

• 11:03 Gold and Silver Price Action Analysis

• 14:04 Upcoming Economic Events

QUOTE OF THE WEEK

"We only swing at pitches we like."

– Warren Buffet

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

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

The world was aflame this week with political and economic fires, including California's wildfires, India's currency crisis and the freefall in the Chinese Yuan. How are precious metals faring? Gold closed this week at $2,705 (up $10) and silver at $30.45 (unchanged). Joel gives the full price commentary at 14:46.

• 01:37 Biggest Economic Headlines

• 03:42 Israel-Hamas Ceasefire and California Fires

• 06:51 Kentucky Gold Tax Exemption Controversy

• 07:28 Government Casts Economy in Rosy Light

• 09:47 US Government Bans TikTok 

• 11:28 India's Currency Crisis and Trade Deficit

• 13:15 China's Economic Challenges and Yuan Weakness

• 14:46 Gold and Silver Price Action Commentary

• 17:14 Upcoming Economic Events and Market Outlook

QUOTE OF THE WEEK

"Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States."

– Barry Goldwater

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

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

Gold closed this week at $2,695 (up about $50) and silver at $30.45 (up about $0.80). Price commentary begins at 7:45. We celebrate 50 years of legal US gold trading by giving listeners a discount. Use promo code "LEGAL 50."

OTHER TOPICS DISCUSSED:

• 01:42 This Week's Biggest Economic News

• 03:04 Canadian President Trudeau Resigns

• 04:28 Janet Yellen Almost Admits Pandemic Caused Inflation

• 05:39 States Build Gold Reserves

• 06:28 California Wildfires and its economic Impact

• 07:45 Market Commentary on Gold and Silver Prices

• 09:40 SchiffGold Promotion Discount

• 10:36 Upcoming Economic Events and Closing Remarks

QUOTE OF THE WEEK

It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."

– Henry Ford

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

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

Gold closed this week at $2,643 (up about $20) and silver at $29.65 (up about $0.30). 2025 is shaping up to be a year of huge economic uncertainty and downturn. We discuss what that means for metals. Market commentary begins at 9:37.

OTHER TOPICS DISCUSSED:

• 00:00 2025 Economic Outlook: A Cautious Start

• 03:20 China's Cybersecurity Breach: Implications and Concerns

• 04:43 Positive Developments in US Precious Metals Legislation

• 05:44 China's Gold Buying Surge: Analyzing the Trends

• 07:12 Consumer Credit Trends: The Rise of Doom Spending

• 08:08 Political Landscape: House Speaker Dynamics and Market Reactions

• 09:37 Gold and Silver Price Action: Anticipating 2025's Volatility

• 14:43 Looking Ahead: Potential Catalysts for Market Breakouts

QUOTE OF THE WEEK

The few who understand the system, will either be so interested from it’s profits or so dependent on it’s favors, that there will be no opposition from that class."

– Rothschild Brothers of London, 1863

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

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

Gold closed this week at $2,625 (about the same as last week) and silver at $29.35 (down about $0.20). Joel recaps this year's biggest economic events and precious metal performance before looking ahead to 2025. Market commentary begins at 4:51.

OTHER TOPICS DISCUSSED:

-Gold up 26.9%, silver gains 23.7% in 2024.

-Poor consumer confidence at 104.7 (versus 112.9 forecast).

-US economic indicators and mortgages are worse than expected.

-Russia keeps interest rates steady at 21%.

-US debt hits $36 trillion, bank failures rise.

-Hurricanes Milton, Helene caused $200B in damages.

-Stock markets performed well in 2024; volatility expected in 2025.

QUOTE OF THE WEEK

"He who is unfit to serve his fellow citizens wants to rule them."

– Ludwig Von Mises

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

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