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A Challenging Week for the Precious Metals - Weekly Wrap Up
It’s been a very frustrating Friday morning for precious metals investors, but host Craig Hemke of TFMR Metals is here to break down all the gold and silver news you need to see the light at the end of the tunnel.
In this edition of the Weekly Wrap-Up, you’ll hear:
- What’s behind the surge in COMEX deliveries
- Can we expect a renewed rally in 2021?
- Plus: Craig’s thoughts on the shares
“It’s been a challenging week for the precious metals, most likely driven by COMEX pricing as we move toward the December contracts for both gold and silver going off the board into their delivery period. If you’ve been following along, and I know Eric has been, this has been an extraordinary year for COMEX delivery. COMEX, of course, being a futures market, where there is typically very minimal delivery, maybe 1% of the contracts each delivery month standing for some form of delivery…”
To hear Craig’s full thoughts on this week’s gold and silver news, listen here:
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