The following video is brought to you courtesy of the SilverDoctors YouTube Channel. Click the video below to watch it now.
Weekly Bullion deals 🔥https://SDBullion.com/deals🔥
This Podcast – http://www.SilverDoctors.com/precious-metals-market-podcast Silver and Gold continue showing strength as both historic monetary precious metals busted through some psychological price barriers this week.
Recording this on Thursday evening, August 8th, 2019, a night before the week’s trading ends.
The silver spot price is hovering around $17.10 oz in fiat US dollars.
The gold spot price is priced this evening at $1,507 fiat Federal Reserve notes per troy ounce.
Looking at the Silver Doctors’ website poll this week, it appears 75% of those who responded to the survey do not believe the silver spot price will close this week above $17 per troy ounce.
It will be interesting to see if the crowd is proven correct or not. Either way, both metals are trading actively this summer.
As for the Gold-Silver Ratio, we are still at 88 silver vs. 1 gold ounce derivative equivalents. Remains to be seen if silver is going to take a breather before a run higher in value versus gold to come.
This week, we welcome back a returning guest Mr. Ronnie Stoeferle of the ‘In Gold We Trust Report.’
Full Show Notes:
#GoldMarket #SilverMarket #GoldOutlook