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Precious Metals Comments To Wrap Up The Week

Cory
May 22, 2020

Craig Hemke wrap up the editorials for this week by recapping the week for precious metals. We look at the moved in gold, silver and the underlying stocks as well as the moves compared to the USD and US markets.

Click here to visit Craig’s site and keep up to date on him metals commentary.

Discussion
27 Comments
    May 22, 2020 22:28 PM

    Peter Sckiff on now…live…

    https://www.youtube.com/watch?v=WUvq4GA-fc8

      May 22, 2020 22:29 PM

      “When was the last time a radio station gave out a 1 ounce gold coin as a prize?”

        May 22, 2020 22:33 PM

        I understand the KER, is about to institute the same policy……..One per week, to each blogger….lol

          May 22, 2020 22:59 PM

          Or a silver eagle might be more likely.

            May 22, 2020 22:09 PM

            Maybe a tin eagle? πŸ™‚

            May 22, 2020 22:10 PM

            Maybe a tin seagull…

            May 22, 2020 22:10 PM

            No, no, no!

            A SILVER OWL! :0

          May 22, 2020 22:55 PM

          OOTB – I like that new KER policy of one gold coin per week, per blogger. Count me in!

            May 22, 2020 22:00 PM

            Of course, you know, the qualifications., will be for those with tenure….. πŸ™‚
            Hell, I think you and I qualify……LOL… πŸ™‚

            May 22, 2020 22:02 PM

            Everyone else…..can just be satisfied with the silver eagles…….. πŸ™‚

            May 22, 2020 22:28 PM

            I agree, Jerry. And if I had a gold OWL I would give it to you. πŸ™‚

            May 22, 2020 22:22 PM

            Ebo…. πŸ™‚ Thanks…. just make sure it is not made of tungsten ……

            May 22, 2020 22:27 PM

            +2 OOTB & Ebolan

      May 22, 2020 22:46 PM

      Did Peter say anything new…….? or the same record played a million times….?
      Of course , I think he is correct and has supplied some great thoughts…..but, unless he has something new to say…….just label it as repeat ……. πŸ™‚

        May 22, 2020 22:07 PM

        Same stuff. But the way he says it is pretty funny. So is the way people react.

          May 22, 2020 22:09 PM

          But here is something you might not have seen.

          https://www.youtube.com/watch?v=3D_yq6PCdYk

            May 22, 2020 22:11 PM

            good stuff…

            May 22, 2020 22:16 PM

            Irwin……..was spot on……IRS killed him……

            May 22, 2020 22:17 PM

            Everyone should watch the tape……..then they would not be a STRAWMAN, any longer

            May 22, 2020 22:20 PM

            Ditto Ebo…….GOOD STUFF…….clueless american sheeple……

    May 22, 2020 22:49 PM

    For something refreshing for “WE THE PEOPLE”
    I think the NEW WHITE HOUSE PRESS SECT. is kicking it… πŸ™‚
    https://www.zerohedge.com/political/white-house-press-secretary-stuns-journos-interactive-obamagate-presentation-how-do-their

    May 22, 2020 22:57 PM

    Churches need to lead the next Revolution……..and not the Rolex preachers…..
    https://www.zerohedge.com/political/were-gonna-do-it-gods-way-baltimore-pastor-rips-cease-and-desist-letter

    May 22, 2020 22:37 PM

    I will be looking forward to qualifying for the drawing for a chance to win a black and white photo of the tenured winners.

    May 23, 2020 23:39 AM

    Silver readies for biggest monthly gain in nearly 7 years

    May 22, 2020 – Myra P. Saefong

    Silver has far outperformed gold so far in May as improving demand has set the metal up for its biggest monthly percentage climb in close to seven years.

    β€œSilver has a well-documented habit of coming late to gold’s party, only to then dramatically outperform the yellow metal,” said Brien Lundin, editor and publisher of Gold Newsletter.

    β€œOnce gold has somewhat run its course and starts to look expensive, a lot of people turn to the cheaper counterparty, namely silver, which has attracted fund and investor money,” said David Govett, head of precious metals at commodity brokerage Marex Spectron.

    “Quarter to date, silver futures are up around 25%, while gold pales in comparison with its nearly 9% rise.”

    https://www.marketwatch.com/story/silver-readies-for-biggest-monthly-gain-in-nearly-7-years-2020-05-22