Trade Wars, Tariffs, and Volatility. Oh my! It’s been an exciting week for investors, but what does that mean for precious metals? In this edition of the Wrap-Up, Eric Sprott breaks down all the gold and silver news on the week, including:
• The significant news out of China (hint: it’s not the trade war)
• Why the “Goldilocks” market may not be “just right” after all
• Plus: The exciting things happening at Kirkland Lake
“There are great waves of macro-information flipping back and forth here. At the odd time, we’re told that the economy is great, and then we look at some of the data and the economy is awful. Inflation is rising, and then it’s not rising. The trade war is going to be settled, and then it’s not going to be settled. Each of these seems to be used as an excuse to move the prices around on COMEX. As you know, I always fall back on the physical side.”
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