February 10, 2020

Gold and silver started the week higher as the corona virus continues to spread at an increasingly alarming rate and at least some of its economic effects are becoming clearer.  Particularly, automobile and smartphone manufacturing outputs are expected to get hit hard as China steps up its aggressive actions to contain the spread of the virus.  A very strong earnings season continues to help push stocks higher in light of corona virus fears with the Dow up 50 points and the Nasdaq hitting a new intra-day record.