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May 31, 2024Friday Gold Wrap

Leave No Stone Unturned: SchiffGold Friday Gold Wrap May 31, 2024

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 vs 40.8 expected)
    • Legendary investors fear US equities are in a bubble
    • Trump’s conviction moves (betting) markets

Quote of the week from Peter Lynch:

The person that turns over the most rocks wins the game.

TOP ARTICLES THIS WEEK

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.

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

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