EPISODE · Jan 6, 2023 · 8 MIN
Audio: Stagflation a Major Theme for 2023. Here’s why… | January 6th, 2023
from Money Metals' Weekly Market Wrap · host Money Metals Exchange
Gold and silver markets got off to a strong start in the first couple days of trading this year before running into some selling pressure on Thursday – only to bounce back again on Friday morning. A superficially strong jobs report has raised expectations for further rate hikes by the Federal Reserve and boosted the U.S. dollar on foreign exchange markets. Metals futures traders reflexively responded by hitting the sell button yesterday only to turn around and buy today.
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Audio: Stagflation a Major Theme for 2023. Here’s why… | January 6th, 2023
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