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

A Sideways, Low-Volume, Tight Range Week: Is Gold About to Break Out? - Weekly Wrap-Up (December 20, 2019)

December 20, 2019

With the holidays rapidly approaching, Eric Sprott and host Craig Hemke discuss the year-end price action and look ahead to 2020. In this edition of the Weekly Wrap-Up, you’ll get all the gold and silver news you need, including:

  • What will help silver surge in 2020?
  • How do you know when to sell at either a profit or a loss?
  • Plus: Is tax-loss selling behind us?

“How I feel is: constant manipulation. … I’ve seen this thing, this price of gold, go to 1480 so many times this week and in previous weeks. And it always ends up rolling right back down again. It’s almost like somebody’s fixated on making sure—I think the target is: get it to close below 1475 either for year-end or options expiry, one or the other. Cause they’re just leaning on it. And it’s as frustrating as can be, although I’m happy to see it’s trading a little bit above 1480, like twenty or thirty cents, but that’s no big deal and the day’s not over.”

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
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.