Gold Silver Market Update | Dave Kranzler of Investment Research Dynamics
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Podcast also hosted here - http://www.SilverDoctors.com/precious... Another solid week for precious metal performances in fiat Federal Reserve note price terms. Especially with perhaps the two best bullion values at the moment, silver and platinum respectively.
The silver spot price is around 18.40 a troy oz in fiat US Federal Reserve notes.
The gold spot price marked down a few bucks closing at 1,522 fiat US dollars per troy ounce.
The Platinum spot price shot up nearly 100 bucks this week closing at around $935 per troy ounce.
I have mentioned to you before, platinum is about cheap versus gold as it has been in about 100 years of time. Apparently some momentum Nymex derivative traders figured that out this week.
The Gold-Silver Ratio dropped like a rock this week. It now takes just over 82 ounces of silver to acquire 1 ounce of gold in spot price terms.
This week we will be speaking with returning guest Dave Kranzler about the crazy economic conditions of our times.
And of course we later in the conversation turn to both Gold and Silver markets to discuss much of what is happening not only here with western investor sentiment and fiat US dollar price action. But also what is going on in Asia?
How are Indians and the Chinese reacting to all this bullion bullishness?
FULL SHOW NOTEs:
https://SDBullion.com/blog/dave-kranz...
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