Close to the Low in Gold and Silver? - Weekly Wrap Up

Close to the Low in Gold and Silver? - Weekly Wrap Up

Written by Craig Hemke, Sprott Money News

 

November 21, 2020

 

An unsettled presidential election, the U.S. Senate up for grabs, and a Covid vaccine that may or may not be on the market soon… With so much uncertainty roiling the markets, what’s an investor to do? Former money manager and Sprott Money contributor David Brady sits down with host Craig Hemke to break down all the gold and silver news you need to see your way through the fog.

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

  • Why massive fiscal stimulus is inevitable—and good for metals
  • Which metal will outperform gold in 2021
  • Plus: If there’s a vaccine coming, why own gold?

“The main drivers of the markets these days, in my opinion, are obviously the macro-factors. And what are they? The presidency and the uncertainty around who will be president. I know the mainstream media has named Biden as president-elect, but it isn’t official yet. And Trump is still working on the legal side of things with Sidney Powell, so we’ll see how that plays out. Markets hate uncertainty, so until that’s resolved we could see some more volatility going forward and some more pressure on the metals.”

To hear David’s full thoughts on this week’s gold and silver news, listen here: 

Sprott Money News · Sprott Money News Weekly Wrap-up - 11.20.20

 

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Specializing in the sale of bullion, bullion storage and precious metals registered investments, there’s a reason Sprott Money is called “The Most Trusted Name in Precious Metals”.

Since 2008, our customers have trusted us to provide guidance, education, and superior customer service as we help build their holdings in precious metals—no matter the size of the portfolio. Chairman, Eric Sprott, and President, Larisa Sprott, are proud to head up one of the most well-known and reputable precious metal firms in North America. Learn more about Sprott Money.

 

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