Gold and Silver Market Weekly Wrap-Up - Week Ending July 17th 2020

Bill Brocius Jul 18, 20

Here is a quick snapshot of Gold's Performance so far, "Year Over Year."

Here is a quick snapshot of Silver's Performance so far, "Year Over Year."

I recorded a video for you to understand the opportunity cost in metals over the last 365 days! Please watch and understand that gold is outperforming in all sectors...

https://gsiexchange.wistia.com/medias/0id7d2pghn?embedType=async&videoFoam=true&videoWidth=640

Here is our chart of the week.

Chart note: “I think we’ve got a second leg down,” says economist A. Gary Schilling in a recent MarketWatch article “and that’s very much reminiscent of what happened in the 1930s where people appreciate the depth of this recession and the disruption and how long it’s going to take to recover. … Stocks are [behaving] very much like that rebound in 1929 where there is absolute conviction that the virus will be under control and that massive monetary and fiscal stimuli will reinvigorate the economy.”