Getting Nervous About the Stock Market? Here’s Your Antidote.

Getting Nervous About the Stock Market? Here’s Your Antidote.

By Jeff Clark, Senior Analyst, GoldSilver and Adviser for Strategic Wealth Preservation. If you didn’t catch it, gold has passed the S&P 500 in year-to-date performance. Through August 12, gold is up 18.1%, while the S&P has risen 13.8%. Silver is nipping its heels, now up 10.2% YTD. But what is perhaps more significant is…

The Precious Metals Week in Review - August 16th, 2019.

The Precious Metals Week in Review – August 16th, 2019

1. Volatility remained extreme this week as the trade battle between the U.S. and China continued unabated. Global bond yields extended their plunge this week as well, increasing the downward pressure on equity markets. 2. The seasonally adjusted number of Americans filing initial claims for state unemployment surged by 9,000 claims from the previous week’s…

The Precious Metals Week in Review - August 9th, 2019.

The Precious Metals Week in Review – August 9th, 2019

1. Volatility was extreme this week as U.S.-China trade tensions boiled over and global central banks began a “race to the bottom”, cutting their own interest rates right on the heels of last week’s rate cut by the U.S. Federal Reserve. 2. The seasonally adjusted number of Americans filing initial claims for state unemployment dropped…

The Precious Metals Week in Review - August 2nd, 2019.

The Precious Metals Week in Review – August 2nd, 2019

The Federal Reserve’s interest rate decision was set up to be the primary driver for market moves this week until President Trump announced further tariffs on China on Thursday. Friday’s Non-Farm Payrolls report also added to market jitters as it seemed to reinforce the idea that the Fed could place further rate cuts in a holding pattern.