Many investors have chosen to use physical precious metals for the purpose of diversifying their portfolios, recalling their long-storied role as safe havens in times of economic and geopolitical turmoil.
Hopes that were lifted after last week’s “phase one” deal was worked out between U.S. and Chinese officials as markets were closing on Friday did not remain elevated as the week began.
The ongoing trade dispute between the U.S. and China remained the main focus for mainstream media outlets this week.
1. Geopolitics appeared to be the primary driver for market moves this week. North Korea, Iran, Russia and China were all in the news with heavy criticism for the U.S. and the Trump administration policies in particular. 2. In the U.S., California literally caught fire this week as nearly 24 fires spanning 8 counties in…