precious metals getty Precious metals companies specializing in the extraction of gold and silver from the earth had a good week. These five – four of the NYSE and one on the Nasdaq – blasted to new price highs mid-week before pulling back a bit on Friday. A widely followed gold stocks ETF also showed
Gold getty The gold stock ETFs and the silver stock ETFs have dropped from this year’s highs but they’re still up from this time last year. That Costco is now limiting customers to one purchase of a gold bar rather than two is some real background: the expectation remains that tariff-related inflation will lead to
Gold getty The gold stock ETFs and the silver stock ETFs have dropped from this year’s highs but they’re still up from this time last year. That Costco is now limiting customers to one purchase of a gold bar rather than two is some real background: the expectation remains that tariff-related inflation will lead to
Gold stocks getty Gold’s been hitting new highs and a few gold and silver stocks have been running up to higher highs along with it. It’s hard to say with certainty what the reason is. Inflation concerns are the first thing that come to the mind of an analyst. Or, considering the strangeness in Washington,
Don Durrett of GoldStockData.com weighed in on the recent market meltdown, saying he sees it as another indicator that the US economy is in trouble and heading toward a recession as the year continues. “I think that we’re going to see kind of like a 2008 scenario where you start seeing big events,” he explained.