I Smell Bears: SchiffGold Friday Gold Wrap 10.26.18

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Includes: AAAU, BAR, DDM, DGL, DGLD, DGP, DGZ, DIA, DOG, DXD, DZZ, EEH, EPS, EQL, FEX, FWDD, GHS, GLD, GLDI, GLDM, GLDW, GLL, HUSV, IAU, IAUF, IVV, IWL, IWM, JHML, JKD, OTPIX, OUNZ, PHYS, PSQ, QGLDX, QID, QLD, QQEW, QQQ, QQQE, QQXT, RSP, RWM, RYARX, RYRSX, SCHX, SDOW, SDS, SFLA, SGOL, SH, SMLL, SPDN, SPLX, SPUU, SPXE, SPXL, SPXN, SPXS, SPXT, SPXU, SPXV, SPY, SQQQ, SRTY, SSO, SYE, TNA, TQQQ, TWM, TZA, UBG, UDOW, UDPIX, UGL, UGLD, UPRO, URTY, UWM, VFINX, VOO, VTWO, VV
by: SchiffGold

By SchiffGold

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis.

Stocks suffered another drubbing Wednesday. It was the largest daily decline on Wall Street since 2011. But the market bounced back on Thursday and the mainstream still seems pretty certain this is all just a needed market correction. The pundits insist the economy is strong. But Friday Gold Wrap podcast host Mike Maharrey smells bears. In this episode, he explains why and provides some data to back it up. He also talks about why Donald Trump keeps lashing out at Fed Chairman Jerome Powell. In simplest terms: the president needs a scapegoat.

Tune in to the Friday Gold Wrap each week for a recap of the week's economic and political news as it relates to gold and silver, along with some insightful commentary.