Gold and silver showed strength this week as the Federal Reserve nudged the Fed funds rate 25 basis points higher and various equities in the US stock market reached bear market territory.
The silver spot price appears to be closing the week around $14.70 oz.
While the gold spot price should close near the $1,260 US dollar per troy ounce mark.
With us this week is a returning guest to the podcast… topics discussed include:
- the recent Fed funds rate increase
- the sharp and sudden rollover in major US stock values
- what is in store for the US dollar and gold in the year to come?
- the US real estate market
- finally a micro level discussion on Elon Musk and Tesla (with some Friday humor to close)
Any notes on the latest Fed interest rate hike, Jay Powell etc.
What about the USD in 2019?
Where might it top?
Gold (silver, or other precious metals) into 2019.
How we looking?
Domestic housing and real estate markets?
On October 5th of this year we spoke for about 30 min and following the call, I had some tech issues with the recording, thus I would like to again apologize about that.
In that unpublished discussion you spoke at length about Tesla and Elon Musk.
The Tesla stock has held up well especially compare to FANG stock downturns of late. It is not far off from its all time nominal price highs still.
General update on the potential tech 2.0 bubble icon Elon Musk, escalating executive departures from Tesla Motors, and whatever that Boring public relations stunt was two days ago.
We end this interview with a little Friday humor and a heavily edited recent interview between Elon Musk and HBO’s Axios program ( full, unedited HBO Axios interview here ).
Thanks for just naming a *fart* after us! By the way, what do you call that diarrhea explosion from last night?
— Mark B. Spiegel (@markbspiegel) December 20, 2018