In a week in which the Federal Reserve had to cut interest rates by 25 basis points, signaling to the financial markets that all may not be so good in the global economy.
Both silver and gold spot price markets held strong even with a brief derivative selloff Wednesday when the Federal Reserve announced its interest rate cut.
The silver spot price is closing the week down about couple cupronickel dimes around $16.25 oz
The gold spot price is closed the week on a strong note near $1,445 oz.
The gold-silver ratio rose due to gold’s outperformance versus silver this week. It still costs around 89 ounces of derivative silver to equate to one ounce of the gold spot price’s fiat US dollar value.
This past Wednesday before the Federal Reserve cut interest rates, and I had the pleasure of speaking with Jeffrey Christian of CPM Group about a whole host of topics.
It had been some time since we last spoke to him in early March 2019. Silver and gold have performed relatively well since he described why a cliche 10% gold allocation might be outdated.
We cover in this discussion today, what in Jeffrey's experience, are the critical ingredients for silver bullion bull markets of the past and potential future.
Silver Podcast | Jeffrey Christian of CPM Group
SD Bullion is a high volume physical precious metals dealer here in the USA.
If you are acquiring an investment-grade bullion position, be sure to bookmark >>> www.SDBullion.com/deals
Where every week, we source some the best bullion deals for our over 100,000 customers worldwide.
At the bottom right section of our website, you can also easily subscribe to our weekly bullion deals mailing list.
By signing up, you will receive weekly notifications of valuable product deals that may be exclusive only to our SD Bullion mailing list.
Stay tuned to SD Bullion.com. The Lowest Price, Period.