Gold closed this week at $2,643 (up about $20) and silver at $29.65 (up about $0.30). Markets are likely to pop under pressure this year. Gold and silver are poised for new highs. 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…

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 (ver…

Gold closed this week at $2,625 (down about $25 since last week) and silver at $29.55 (down about $1.05). The Fed cut rates in time for Christmas but stock markets dropped on the news, spoiled by promises of bigger cuts in 2025. Price action discussed at 6:26.OTHER TOPICS DISCUSSED:-Sub-50 PMI and VIX spike warn of coming economic recession.-Centra…

Gold closed this week at $2,650 (up about $25 since last week) and silver at $30.60 (up about $0.41). Joel discusses higher inflation, global rate cut momentum and when gold and silver may rally. Price action discussed at 5:38.OTHER TOPICS DISCUSSED:-Trump's comments on inflation reflect a misunderstanding of economic principles.-Producer inflation…

Gold closed this week at $2,625 (down about $30 since last week) and silver at $30.01 (up about $0.36). Joel discusses Black Friday sales, global economic challenges in India and China, and Bitcoin above 100k. Price action discussed at 10:40.OTHER TOPICS DISCUSSED:-Brick and mortar stores grew their traffic 3.8%.-Gold has no diminishing marginal ut…

Gold closed this week at $2,655 (down $60 since last week) and silver at $30.65 (down $0.70). Joel discusses troubling retail sales, Musk's meteoric rise and the department of government efficiency (DOGE).OTHER TOPICS DISCUSSED-FedWatch predicts 66% chance of rate cut December 18.-U.S. GDP grew 2.8% quarter-over-quarter, meeting expectations.-Octob…

Gold closed this week at $2,715 (up $153 since last week) and silver at $31.33 (up $1.10). Joel and JD discuss recent price action, 100k Bitcoin and why Goldman Sachs predict just 1% annual returns to the S&P 500 over the next decade.OTHER TOPICS DISCUSSED-Initial jobless claims came out at 213,000, beneath expectations.-Consumer sentiment remains …

Gold closed this week at $2,562 (down $123 since last week) and silver at $30.23 (down $1.20). Joel discusses recent price action, recent USD gains, and why Trump faces a terrible dilemma around inflation.OTHER TOPICS DISCUSSED:(1:52) Official inflation rose to 2.6%, with core CPI still above target.(2:15) Rate cut chance in December dropped from 6…

This week, gold prices pulled back by around $50 from last week's levels, and silver dropped roughly a dollar. These movements coincided with the recent election of Donald Trump as the 47th President of the United States.In this episode, things are a bit different with JD away, so Joel takes over to discuss the election results, share some exciting…

Gold hit an all-time high of nearly $2,800 this week, closing at $2,735 (down $11 since last week) and silver at $32.44 (down $1.25). JD and Joel discuss gold's new all-time high, how economic weakness, elections, and central bank moves are impacting demand for gold and silver.APPROXIMATE TIMESTAMPS00:00 - Introduction and Seasonal Reflections02:23…

Gold closed this week at $2,746 (up $24 since last week) and silver at $33.69 (about the same). What could the second US bank failure of 2024 and the global BRICS Summit mean for gold and silver?OTHER TOPICS DISCUSSED-US Leading economic indicators fell by 0.5% in September-Citibank and Goldman Sachs analysts warn of slower growth-ECB Hints at cont…

Gold closed the week at $2,722 (up $65 since last week) and silver at $33.71 (up $2.19). We discuss the metals recent meteoric rise amid weak economic data and growing stress on major banks. We also unveil a new series on ancient wisdom.OTHER TOPICS DISCUSSED-Department of Labor reports 241,000 new unemployment claims-Empire State manufacturing ind…

Gold closed the week at $2,657 (up $5 since last week) and silver at $31.52 (up $0.67)! We discuss the economic aftermath of Hurricane Milton, crashing Chinese stocks, and terrifying credit card interest rates.OTHER TOPICS DISCUSSED-September Core CPI data above expectations at 0.2%-Jobless claims jump 33,000 to 258,000-Consumer sentiment falls to …

Gold closed the week at $2,652 (down $6 since last week) and silver at $32.19 (up $0.57). Investment banks are setting higher targets for gold as monetary warning signs flash faster.OTHER TOPICS DISCUSSED-ADP jobs below 200k for sixth straight month-Unemployment rate drops to 4.1%-Reverse repo cash surges $465b in New York Fed-Goldman Sachs announc…

Gold closed the week at $2,658 (up $37 since last week) and silver at $31.62 (up $0.47). We discuss the drivers of this week's new highs, stalling homebuying, and key news next week.OTHER TOPICS DISCUSSED-Consumer confidence plunges to lowest level since 2021-US GDP revision reports 3.0% growth in spring-August PCE is down, suggesting even more rat…

Gold closed the week at $2,621 (up $43 since last week) and silver at $31.15 (up $0.44). This episode explains in-depth the massive Fed interest rate cut announcement. A new phase of higher inflation and metal prices begins now.OTHER TOPICS DISCUSSED-Global central banks target lower rates-Leading indicators for US Economy sink 0.2% in August-Month…

Gold closed the week at $2,577 (up $82 since last week) and silver at $30.71 (up $3.18). This episode covers the cause of gold's new record high, big interest news next week, the Trump-Harris debate, and a retrospect of the year for precious metals.OTHER TOPICS DISCUSSED-Core CPI above expectations at 0.3% month-on-month-ECB lowers rates target rat…

Gold closed the week at $2,495 (down $8 since last week) and silver at $27.89 (down about $1). This episode unwraps layers of poor jobs data, yield curve inversion and the coming recession, and what this could mean for gold and silver prices.OTHER TOPICS DISCUSSED-ADP jobs report 99k new jobs in August, short of 144k forecast-BLS non-farm payroll s…

Gold closed the week at $2,502 (down $10 since last week) and silver at $28.83 (down about $1). This episode we discuss recent price action, the historic volatility in September and October, and economic weakness from Germany to China.OTHER TOPICS DISCUSSED-US Consumer confidence reaches 6-month high at 103.3-Q2 GDP numbers revised upward to 3%-US …

Gold closed the week again near an all-time high at $2,512 (up $6 since last week) and silver at $29.82 (up $0.82). This episode we discuss Powell's interest rate declaration, precious metals prices, a major BLS jobs mistake, and gloom for the boomer generation.OTHER TOPICS DISCUSSED-Fed Minutes and Powell Jackson Hole Speech-Demand spikes for come…

Gold closed the week near a new all-time high at $2,506 (up $76 since last week) and silver at $29.00 (up $1.55). We discuss gold prices, the strong PPI and inflation data, why the deficit situation is even worse than it seems, and whether the Fed will be forced to return to QE.OTHER TOPICS DISCUSSED-Dollar hits 5-month low-July deficit reaches who…

Gold closed the week at $2,430 (down $12 since last week) and silver at $27.45 (down $1.09). Last week's bad jobs news cascaded with a Japanese economic crisis resulting in a selloff across global markets. At one point the S&P dropped over 200 points and the Dow plummeted more than 1,000 points. We discuss this week's market panic, consider whether…

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 sho…

Gold closed the week at $2,387 (down $13) and silver at $27.91 (down 4.7%). This week's GDP numbers give the illusion of a strong economy. In reality, the economy remains insecure. The Fed must cut rates; the recent dip in precious metals prices is unlikely to last.OTHER TOPICS DISCUSSED-Why gold and silver prices are down this week-Record high hom…

Gold closed the week at $2,405 (down $5) and silver at $29.30 (down 5%). The US Federal Reserve is growing increasingly worried about the economy as recent data flash even more warning signs. Investors are rushing to gold and silver, pushing prices to all-time highs. The recent dip creates a buying opportunity, especially for silver.OTHER TOPICS DI…

Gold closed the week at $2,410 (up $19) and silver at $30.77 (down $0.43). JD and Joel interview Representative Ken Ivory, the man behind Utah's recently-passed HB 348 law. This law enables the state to invest 10% of its $1.4 billion rainy day fund into gold and silver, stored in Brinks Salt Lake City. They also unpack the big CPI news and Fed rate…

Gold closed the week at $2,391 and silver closed up 7% at $31.20. JD and Joel explain what's beneath this massive price upswing, drill into recent US jobs reports, and ponder the hypocrisy of power-hungry politicians.OTHER TOPICS DISCUSSED-Investors give 72.5% chance of a September interest rate cut-ISM manufacturing numbers show biggest contractio…

Gold closed the week about the same at $2,326. Silver closes down $0.40 at $29.13. JD and Joel explain what's behind the institutional demand for gold, recent upswing in money supply, and the catastrophic presidential debate.OTHER TOPICS DISCUSSED-Money supply begins to expand yet again.-COTs report show institutional gold demand driving prices hig…

Gold closed this week slightly down but remains up 12.5% year-to-date. Silver is up 25% year-to-date. This week's political news show governments around the world moving right and central banks adding on more gold.OTHER NEWS-Japanese Norinchukin bank expects loss of $9.5 billion-India's Nifty 50 stock index outperforms S&P 500-Weakening US-Saudi Pe…

This week flashed early warning signs of a recession as gold and silver prices rose yet again. Despite an inflationary environment, non-essential goods are getting price cuts as the Fed reassures the public that rates won't go higher.OTHER TOPICS DISCUSSED-Gold is trading at $2,332 (up $38 since last week's close)-Silver is trading at $29.55 (up $0…

In light of the recent pullback and low premiums, now is a unique opportunity to buy silver with prices 40% below their historic highs. JD and Joel also discuss the cause of the price pullback this week, the shocking Berkshire's stock price fumble, and the 8-figure-fortunes of a GameStop day-trader.OTHER TOPICS DISCUSSED-Gold is trading at $2,294 (…

As silver holds above $30 per oz, Joel and JD discuss disastrous Chicago manufacturing, Howard Marks, Trump's conviction, and the current shortage in platinum.OTHER TOPICS DISCUSSED-Gold is trading at $2,327 (down $7 since last week's close)-Silver is trading at $30.37 (up $0.04 since last week's close)-Chicago PMI at lowest level since COVID (35.4…

Silver broke $30 per ounce and gold $2,500 this past week. Joel and JD unpack the recent breakout and Peter Schiff's analysis, and what to look out for in the leg up.OTHER TOPICS DISCUSSED-Gold is trading at $2,334 (down $80 since this time last week)-Silver is trading at $30.30 (down $1.20 since this time last week)-Death of Iranian president-New …

Gold and silver are up again this week and poised to sail away once the Fed lowers interest rates. Joel and JD discuss recent price action, meme stocks, Fed policy, and what to look out for before prices rise further.OTHER TOPICS DISCUSSED-Gold is trading at $2,376 (up $16 since this time last week)-Silver is trading at $29.59 (up $1.45 since this …

With mother's day around the corner, gold is up almost $60 on the week after bad jobs numbers and terribe consumer sentiment sours economic expectations. The Fed is more likely to lower interest rates sooner, but it's too late to save the economy from the inflation to come.OTHER TOPICS DISCUSSED-Gold is trading at $2,360 (up $58 since this time las…

Joel and JD unravel the shocking economic turmoil of the week, spotlighting the catastrophic collapse of Republic First Bank, alarming jobs data, and Powell's foreboding speech. With the Fed confessing anxiety about inflation and pulling rate cuts off the path, it's now clear: we're in dangerous territory with no guard rails in sight!OTHER TOPICS D…

JD and Joel unpack Peter's latest podcast and the economy's current path toward stagflation. We look at this week's price action, macroeconomic data, dragons, Jordan Peterson and gold.OTHER TOPICS DISCUSSED-Gold is trading at $2,337 (up $55 since this time last week)-Silver is trading at $27.20 (down about 5% on the week)-CME Fedwatch tool slates t…

JD and Joel interview Dr. Charles Steele, Chairman of Economics, Business, and Accounting, at Hillsdale College. We discuss national debt, dollar default, Austrian economics, Von Mises, green energy bills, and space economics.OTHER TOPICS DISCUSSED-Gold is trading at $2,392 (up $57 since this time last week)-Silver is trading at $28.66 (up about 3%…

JD and Joel discuss gold's underrated new all-time high, silver nearing $30 per oz, higher-than-expected inflation, the Fed's response, and why buyers today can expect to pay lower premiums.OTHER TOPICS DISCUSSED-Gold is trading at $2,335 (about the same as last week)-Silver is trading at $27.91 (up about 2% on the week)-CPI inflation data comes ou…

JD and Joel discuss gold's new record high and silver's tear upwards, an earthquake in NYC, headline jobs numbers, and Peter's most recent podcast.OTHER TOPICS DISCUSSED-Gold is trading at $2,329 (up $100 on the week)-Silver is trading at $27.46 (up about 10% on the week)-Fed governor Adriana Kugler's dovish comments push gold above $2300)-Nonfarm …

JD and Joel discuss gold's breakout past the $2,200 resistance level. Higher prices are driven by a dovish Fed, weakness in the dollar, and poor economic data. This week they also discuss Peter's most recent appearance.OTHER TOPICS DISCUSSED-Gold is trading at $2,233 (up $78 or about 3.5% on the week).-Silver is trading at $24.79 (up $0.31 or over …

JD and Joel discuss this week's Fed announcement. It caused new all-time highs in gold, but this all but confirms a coming inflation bloodbath. We also discuss ways the dollar can stay "strong" even amid high inflation.OTHER TOPICS DISCUSSED-Gold is trading at $2165 (up $11 or about 1% on the week).-Silver is trading at $24.66 (up $0.51 or 2% on th…

JD and Joel discuss hotter-than-expected inflation data, Peter's recent podcast, TikTok, Twitter, and price action.OTHER TOPICS DISCUSSED-Gold is trading at $2155 (down $23 or about 1% on the week).-Silver is trading at $25.17 (up $0.87 or 3.5% on the week).-Q4 GDP grew $334 billion as national debt grew $834 billion, more than twice as much.-US Ho…

JD and Joel discuss the new all-time highs in gold, Peter's recent podcast, the Fed's next move, and why silver is an especially good deal.OTHER TOPICS DISCUSSED-Gold is trading at $2178 (up $126 on the week)-Silver is trading at $24.30 (up $1.65 on the week)-Last Friday's Fed policy reports warned of risks to the financial sector-Nonfarm payrolls …

JD and Joel discuss Peter's take on the recent bitcoin craze driven by ETF demand. Is there a limit to Bitcoin's upside? Plus, what's driving higher gold prices this week?OTHER NEWS -Breaking news: Oil tops $80 per barrel-UMichigan survey shows consumers feel gloomy about economy, pushing gold up.-Gold is trading at $2070 (up $42 on the week)-Silve…

JD and Joel discuss Peter's take on the record-breaking highs in stocks, driven by chip company NVIDIA's $277 billion Thursday rally. Is there a stock bubble driven by AI hype and low-interest rates? How might the Fed respond and what does this mean for gold?OTHER TOPICS DISCUSSED-Gold is trading at $2028 (up $28 on the week)-Silver is trading at $…

Here is why gold is down this week, Peter Schiff's best takes on Biden's Super Bowl shrinkflation ad and Joel's thoughts on "the best time" to sell gold.OTHER TOPICS DISCUSSED-Gold traded Friday morning at $2,000/ounce (-$27 weekly)-Silver traded Friday morning at $22.83/ounce (+$0.25 weekly)-January inflation comes in at 0.3% or an annualized rate…

In this week's Friday Gold Wrap Podcast, JD and Joel discuss why gold is down this week, Powell's comments on 60 Minutes about the debt, and some Valentine's Day thoughts inspired by Austrian economist Carl Menger.OTHER TOPICS DISCUSSED-The VIX "Fear Index" and how it's measured-Gold and silver technicals-What makes Powell different from past Fed c…

In this week's Friday Gold Wrap Podcast, JD and Joel discuss why gold is down today, why the Fed's game could replay 2008, and other market and precious metals news.OTHER TOPICS DISCUSSED-January jobs number at 353k vs. 180k expected-Leading Economic Indicators (LEI) negative past 20 months-Disastrous manufacturing data from the Dallas Fed, Philly …

In this week's Friday Gold Wrap Podcast, JD and Joel discuss why gold is down this week, soaring tech stocks and plummeting gold stocks, and other market and precious metals news.OTHER TOPICS DISCUSSED• Tech stocks push indices to all-time highs • Q4 2023 GDP rose higher than expected • Gold holds steady as gold stocks get crushed• Fool's gold (Bit…