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Forbes discusses Donald Trump’s chances at reelection and lays out the case why you simply must have at least some gold in your portfolio. So be sure to stick around for an encore of Money Metals exclusive interview with Steve Forbes, coming up after this week’s market update.

It’s been a big week of geopolitical strife and potential crisis points for financial markets. The week began with one of the biggest single day oil spikes on record, then saw the Federal Reserve lose control of its own interest rate in the repo market before announcing another rate cut.

Yet these and other developments are having surprisingly little impact on Wall Street. We aren’t seeing huge stock market gyrations or a mass migration by investors into precious metals. The S&P 500 is essentially flat for the week while gold prices are trading modestly higher.

As of this Friday recording, the yellow metal comes in at $1,505 an ounce and is posting a weekly g ... Read more »

Views: 39 | Added by: moneymetals | Date: 19/09/23