Silver and gold had a slightly up and sideways week, in fiat US dollar price action.
The gold spot price climbed a bit, closing today around the $1,288 US dollar price per troy ounce level.
The silver spot price is closing this week up at around $15.11 per troy ounce full fiat Federal Reserve notes.
Welcome to this week’s Metals & Markets. I am your host James Anderson of SD Bullion. With us today Friday, April 26th, 2019 at noon eastern is returning guest Dave Kranzler of Investment Research Dynamics.
Dave, thanks for coming back on the show.
Last time we spoke was just before the near 20% drop in the US stock market since Treasury Secretary Steve Mnuchin made his Christmas Eve phone calls to the heads of the major commercial banks.
We’ve had a sharp V recovery since recovering virtually all those losses.
You recently described the current stock market is the most dangerous stock market you have seen in your 34+ year career as a financial markets professional.
Can you perhaps describe the potential upside vs. downside of the US stock market at the moment?
What have you seen the gold and silver markets since we last spoke?
Are there any precious metal mining companies you are currently positioning yourself in these days?
I would be remiss if I didn't ask you about the Tesla and Elon Musk saga as I know you follow it well. What has been happening of late?
Thanks for coming again on the podcast, Dave.
And thanks to you out there for having a listen to our latest gold podcast.