• FREE Shipping & Insurance on Orders Over $500
    FREE Shipping & Insurance on Orders Over $500
back to top
News

Why Silver will be the “Star of the Show” - Weekly Wrap-Up (August 2, 2019)

Head Shot of Eric Sprott Weekly Wrap Up

August 2, 2019

It’s been a great week so far, with the FOMC meeting and U.S. jobs report both proving good for gold. But what about silver? Eric Sprott returns to break down all the gold and silver news you need, including:

What the weak U.S. jobs report means for precious metals

Why Silver is underperforming—but won’t be for long

Plus: Eric answers listener-submitted questions

“Basically, the report was weak… The thing that’s bad for the worker is the average workweek was down .3 hours. Now, people may not think that’s much. It’s almost 1% of the number of hours that the average person works, which means that collectively everyone made 1% less. And they made .3% more per hour, but they worked 1% less time, so that’s not a very instructive number in terms of the total paychecks that were issued…. Kind of weak, I’d say.”

Ask Eric a question by following us on Twitter ( www.twitter.com/SprottMoney) or Facebook (www.facebook.com/SprottMoney) and post to us using the hashtag #AskEricSprott For more info, contact us at submissions@sprottmoney.comTo hear Eric’s full thoughts on these topics and more.

Don’t miss a golden opportunity.

Now that you’ve gained a deeper understanding about gold, it’s time to browse our selection of gold bars, coins, or exclusive Sprott Gold wafers.

About Sprott Money

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.

Learn More
about-sprott-skyline
Head shot of Craig Hemke

About the Author

Our Ask The Expert interviewer Craig Hemke began his career in financial services in 1990 but retired in 2008 to focus on family and entrepreneurial opportunities.

Since 2010, he has been the editor and publisher of the TF Metals Report found at TFMetalsReport.com, an online community for precious metal investors.

*The author is not affiliated with, endorsed or sponsored by Sprott Money Ltd. The views and opinions expressed in this material are those of the author or guest speaker, are subject to change and may not necessarily reflect the opinions of Sprott Money Ltd. Sprott Money does not guarantee the accuracy, completeness, timeliness and reliability of the information or any results from its use.

no_comments

Looks like there are no comments yet.