Gold closed the week about the same at $2,326. Silver closes down $0.40 at $29.13. JD and Joel explain what's behind the institutional demand for gold, recent upswing in money supply, and the catastrophic presidential debate.

OTHER TOPICS DISCUSSED

-Money supply begins to expand yet again.-COTs report show institutional gold demand driving prices higher.-Walgreens to close a "meaningful percent" of its 8,700+ stores.-Trumps reelection odds rise rapidly after Biden's disastrous debate performance.

Quote of the Week:

"We pay billions - hundreds of billions of dollars to supporting other countries that are in theory wealthier than we are"​ - Donald Trump

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below.

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