This week we review the price movements of gold, silver, platinum, the platinum to gold ratio, the platinum to silver ratio, and the platinum to palladium ratio.
We look at where gold and silver could be headed in the coming weeks and look back at the historical price movements of the precious metals.
The last time Harry Melandri of MI2 Partners was on the Daily Briefing, he urged people to sell their Euro Dollars due to high inflation and a strengthening economy.
Those factors continue to prevail, and Melandri says he expects inflation to soar higher and continue to apply pressure.
Naked Wines, an online wine retailer in the U.K. that ships monthly wine subscriptions throughout the U.K., U.S., and Australia, bubbled up 30% after hedge fund manager Glen Kacher unveiled it as his fresh pick on CNBC’s “Halftime Report” show.
Weekly jobless claims filings dropped to a new pandemic-era low of 281,000, indicating a steadily recovering labor market. Interviewed by Maggie Lake.
During the next crisis, if the Fed pushes for more currency creation and Congress passes more stimulus, people will lose all faith in the U.S. government, says portfolio manager Michael Pento.
People are already becoming aware that there is something seriously wrong with the financial system.
What's next? Michael sees runaway inflation and bail-ins coming.
Metals expert David Morgan sees a shift happening now. He says moving into the end of the year, investors will move from the stocks and bonds to commodities including the metals.
With increased demand, "I fully expect," David says, "we'll see a run to gold probably like we've never seen before."
Goldmoney's Head of Research, Alasdair Macleod, discussing what makes Gold sound money, and why Gold's history and properties play a key role in its value during coverage of the Meltwater Goldmoney Asian Rapid.