Silver & Gold: Precious Metals Outperformance
Description
Phil Streible joins Diane King Hall at the NYSE set to discuss the gold trade. He continues to see structural support and further tailwinds for the precious metals space, with gold potentially reaching $5,000. For silver, he says the market cap is 9x smaller than the gold market which could present more volatility. Phil adds the silver demand to industrial EV and solar markets as a differentiator. Phil says the government shutdown uncertainty and tariff headlines are driving volatility which could be a reason for the uptick in the metals market.
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