Sustained Movement Means High Optimism for Gold and Silver Investors - Weekly Wrap Up (July 31, 2020)

July 31, 2020

Despite a pullback this week, precious metals are wrapping up one heck of a month—and the future looks even better. How good will it get? Host Craig Hemke and legendary investor Eric Sprott break down all the gold and silver news you need to plan for the months ahead.

In this edition of the Weekly Wrap-Up, you’ll hear:

• What will drive gold even higher
• Why everyone is scrambling for physical metal
• Plus: will silver reach $50 per ounce?

“It’s just been remarkable watching what’s going on with the precious metals. I’m still questioning the whole financial market and what’s going on here with stocks and bonds and threatening to have negative interest rates. The whole Covid-19 thing… it’s almost a mystery to me now how Sweden, who never locked anybody down, their death rate’s almost nonexistent. Go figure. I don’t know how they did that as successfully as they did. And yet we have many, many countries, including the U.S., where the cases keep rising. So somebody seemed to know how to do it right and most of us did it wrong.”