Gold Breaks Out to a New Record High - Ep 934
The Peter Schiff Show Podcast
Peter Schiff
4.7 • 5.8K Ratings
🗓️ 2 December 2023
⏱️ 72 minutes
🧾️ Download transcript
Summary
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Transcript
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| 0:00.0 | The Peter Shift Show. |
| 0:09.0 | Today's podcast is sponsored by Delete Me. |
| 0:11.4 | Take control of your data and keep your private life private. by Delete Me.com slash Gold and use the promo code gold at check out. Today's |
| 0:24.9 | podcast is also sponsored by Mint Mobile. Cut your wireless plan to just 15 |
| 0:29.7 | bucks a month and get the plan shipped to your door for free. |
| 0:33.6 | Go to midmobile.com slash gold. |
| 0:36.6 | Good evening everybody who is listening to this podcast live. |
| 0:40.2 | It is Friday night, December 1st. |
| 0:43.0 | I just got back from a golf cart Christmas parade, |
| 0:48.2 | which is an annual tradition here in my neighborhood |
| 0:52.3 | out in Puerto Rico. But I think the real significance of this day |
| 0:57.6 | is it's the day that Gold finally made a new all-time record high, although today's record I believe will be broken many |
| 1:06.4 | many times over. I believe the old record high was around 2080. |
| 1:13.8 | And we got above that today, inner day, I believe. |
| 1:17.6 | We closed at 2071, up $35 on the day. |
| 1:24.5 | And you know, by the way, yesterday was the last day of November |
| 1:30.6 | and gold closed above 2000 on that day and that was the first time in history |
| 1:37.6 | that the price of gold has closed any month above 2000. |
| 1:43.6 | So it was the highest closed for a month |
| 1:47.3 | and it was the first close above 2000. |
| 1:49.8 | And we had a great first day of December with a $35 rally. |
| 1:56.6 | Silver also up not nearly as much up 16 cents at $25.43. |
... |
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