BROADCASTS.com

b"
\\n\\t* This is another week of bad economic data that most people have ignored
\\n\\t* The stock market was up this week; the Dow closed up 1.8% on the year
\\n\\t* I don't know if the Dow was rising in spite the bad news or because of it
\\n\\t* The bad news means the economy is weak and corporate earnings are not there, and there are high multiples
\\n\\t* But of course, if the economy is weak, that takes the Fed out of the rate hiking game and I think puts it into the rate cutting - QE4 game
\\n\\t* So the market is caught between the opposing forces of cheap money and falling earnings on the back of a weak economy
\\n\\t* Gold was actually down on the week; it started off the week strong, then Thursday it got hit pretty good and today it recouped some of its losses
\\n\\t* But the standout was silver
\\n\\t* \\xa0Silver was up almost 6% on the week; this is a new high
\\n\\t* Silver closed at the highest close of the year
\\n\\t* In fact, silver was strong with gold on Monday and Tuesday and when gold sold off on Wednesday and Thursday, silver really held up
\\n\\t* That's a good sign for both gold and silver
\\n\\t* I was on CNBC.com this week and I meant to say something about silver
\\n\\t* They're not even talking about silver in the mainstream media so they're missing an even bigger move
\\n\\t* They're acknowledging that gold's going up but they're not even looking at silver
\\n\\t* I mentioned on an earlier podcast that a number of people are shorting silver and buying gold because they saw the breakout to new highs on the gold/silver ratio and they wanted to jump on that trad
\\n\\t* I thought that was the wrong thing to do
\\n\\t* To me, seeing new highs in that ratio in favor of silver made me want to buy silver, since it's as cheap as it's been relative to gold
\\n\\t* If you like gold, just buy it; don't short silver because you could turn a winning trade into a losing trade
\\n
\\n 
\\n
\\n\\nOur Sponsors:\\n* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.com/ \\n\\nPrivacy & Opt-Out: https://redcircle.com/privacy"