📰Summary

Gold jumps $50 this week to $2,910, as silver surges to $32.60 (+$1.40). Global markets reel as uncertainty rises amidst escalating trade wars. Indicators show US recession risks on the rise. Price commentary begins at 10:02.

⏰Chapters/Timestamps

00:00: Introduction

02:18: Trade wars rage on

04:05 China's $179B stimulus bazooka

05:39 Europe cuts interest rates AGAIN

07:17 Germany creates $500B infrastructure fund

09:00 Recession indicators flash as retail sales suffer

10:02 Gold and silver market commentary

13:00 Upcoming Economic Events

💡Quote Of The Week

"Gold is money. Everything else is credit.”

– JP Morgan

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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.