Money Metals' Weekly Market Wrap Podcast

Precious metals markets are putting in a mixed performance this week as inflation uncertainties drive divergences across other asset classes. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

Gold and silver bulls attempted to start a rally this week, but prices were capped by a strengthening U.S. Dollar Index. The buck has advanced strongly against foreign currencies over the past month. Currency traders are encouraged by the Federal Reserve’s apparent plans to taper asset purchases and begin raising interest rates way out in 2023. Dollar buyers also seem convinced that the recent inflation spike is transitory. Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

As unsustainable government spending and debt raised alarms in Washington this week, precious metals markets showed some signs of firming up. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

Well, precious metals markets got absolutely slammed on Thursday.  The selling rout followed statements put out by the Federal Reserve suggesting that tapering and rate hikes could come sooner than previously expected. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

As inflation continues to heat up, gold and silver markets are once again on the verge of breaking out. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

Precious metals markets are making modest advances in this final trading week of May. U.S. markets will be closed on Monday in observance of Memorial Day. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

Gold prices are up 1.6% since last Friday’s close to come in at $1,881 an ounce as of this Friday recording. Near-term, traders will be eyeing $1,900, then $1,950 as potential resistance levels. Once cleared, the gold market should be set to challenge its all-time high from last summer at $2,075 an ounce. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

Part 2 of a recent interview Money Metals President Stefan Gleason gave with Palisades Gold Radio. Stefan discusses dealer and investor harassment laws maintained by certain states, talks additional sound money initiatives at the state and federal level, including legislation requiring a true audit of America’s gold. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. The long-awaited breakout in gold and silver may finally be upon us. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

This week, part 1 of an interview Money Metals President Stefan Gleason gave with Palisades Gold Radio. Stefan talks about sound money and the big inflation scam being run by the Federal Reserve – plus, he provides a detailed inside look at legislative efforts underway at the state level to reaffirm gold and silver as money, remove taxation, and protect investors. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

The gold market tested a key level this week. On Wednesday, prices rallied up to $1,800 an ounce. The following day, sellers came in to prevent gold from breaking out. As of this Friday recording, the monetary metal trades at $1,782 an ounce and is unchanged now for the week. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

Gold and silver markets are exhibiting more signs of breaking out into a rally. On Thursday, bond yields pulled back sharply. That helped fuel a new record in the Dow Jones Industrials. But the precious metals sector was an outperformer on the day, with mining stocks leading gold prices to a fresh multi-week high. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

Precious metals markets are struggling to breakout this week. Through Thursday it appeared that a breakout was in place but we’ve seen a bit of pullback here on Friday to throw a bit of water on the breakout idea. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

Gold and silver markets sprung higher on Thursday as April and second quarter trading kicked off. After suffering losses in the first quarter, precious metals may now be due for a spring rally. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

Precious metals markets are struggling against the headwind of a rising U.S. dollar this week. The dollar index broke out to a four-month high on Thursday. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

Gold and silver markets gyrated up and down following the Federal Reserve’s policy meeting on Wednesday. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

As Washington prepares to pump another $1.9 trillion in stimulus into the economy, asset prices are lifting. From food to housing to equities to precious metals, inflationary pressures are being felt in all markets this week. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

As financial markets sold off this week, precious metals got dragged down in the selling. The culprit, once again, was rising bond yields. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

As financial markets gyrated this week, Federal Reserve chairman Jerome Powell touted the U.S. dollar as a form of “sound money.” More on that incredible take in a moment. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

Metals markets continue to diverge this week, with copper and platinum adding to recent breakout gains while gold struggles to find footing. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan