https://www.moneymetals.com/podcasts/2015/10/16/war-on-cash-000776
Coming up we'll hear an encore of one of the most important
interviews we've had this year. MoneyMetals.com contributor Guy
Christopher speaks about estate planning and making sure you don't leave
your loved ones with a nightmare. Don't miss my interview with Guy
Christopher coming up after this week's market update.
Bad news is
usually good news - at least if you're a precious metals investor. Gold
and silver prices are rallying this week on disappointing economic
data. On Wednesday, weaker than expected reports on retail sales and
producer prices sent the dollar down and precious metals up. Silver
cleared the $16.00 level and has held onto it as the week has
progressed.
As of this Friday morning recording, silver trades at
$16.10 an ounce, good for a weekly gain of 1.4%. Silver prices are up
better than 11% now so far this month. Gold, meanwhile, comes in at
$1,181, up 2.0% on the week. Both metals are currently trading above
their 200-day moving averages, often seen as a key benchmark from a
technical standpoint.
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