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Phil Streible joins Diane King Hall at the NYSE set to discuss the gold trade. He continues to see structural support and further tailwinds for the precious metals space, with gold potentially reaching $5,000. For silver, he says the market cap is 9x smaller than the gold market which could present more volatility. Phil adds the silver demand to industrial EV and solar markets as a differentiator. Phil says the government shutdown uncertainty and tariff headlines are driving volatility which could be a reason for the uptick in the metals market.
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By Schwab Network4.6
3737 ratings
Phil Streible joins Diane King Hall at the NYSE set to discuss the gold trade. He continues to see structural support and further tailwinds for the precious metals space, with gold potentially reaching $5,000. For silver, he says the market cap is 9x smaller than the gold market which could present more volatility. Phil adds the silver demand to industrial EV and solar markets as a differentiator. Phil says the government shutdown uncertainty and tariff headlines are driving volatility which could be a reason for the uptick in the metals market.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about

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