The Phaserl


Bull Market in High-Tech Metals to Continue Despite Climate Pact Withdrawal

by Mike Gleason, Money Metals:

Chris Martenson: Make Yourself More Self-Sufficient NOW, While It’s Still Easy…

Coming up we’ll hear a sensational interview with Dr. Chris Martenson of The Crash Course and Chris gives a stern warning to those who are becoming complacent and don’t seize on the opportunity to become more self-reliant and self-sufficient during this calm before the storm… and what appears to be an inevitable economic reset. Don’t miss my conversation with Chris Martenson, coming up after this week’s market update.

Gold and silver markets consolidated this week, with both metals reacting to jobs numbers on Thursday. The ADP report showed private-sector employers added 253,000 new jobs last month on a seasonally adjusted basis. The apparent strength in employment lifted the U.S. dollar and sent gold and silver modestly lower until they’ve rebounded today.

As of this Friday recording, gold is up now 0.7% for the week to bring spot prices to $1,277 an ounce. Silver trades at $17.52 and is up this week by 0.6%. The platinum group metals are diverging sharply with platinum down 0.9% to $954 an ounce while palladium up $50 an ounce or 6.3% to $843 as of this Friday morning recording. Should it close there it would be the highest we’ve seen the industrial metal since September of 2014.

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