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Just When You Thought Government Couldn’t Get Any Dumber - Ep 888

The Peter Schiff Show Podcast

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The Gold Market Is Holding Up

I want to talk a little bit about how the gold market has been holding up during the course of the week because there's been plenty attempts to hammer the gold price down. It was down, I think it was maybe on Tuesday where it was down $30 or so on the open, but pretty much they've been selling off the price of gold every morning. Gold's not going down because too much money is coming into the market. There's a lot of money on the sidelines, a lot of cash out there that wants to move into gold. And as I am recording this podcast here on Thursday evening, gold is at 2004. So they've bashed it down below 2000 several times

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