January 25, 2021

Gold and silver are trading at $1,854 and $25.40 midday Monday, down slightly to begin the week as stocks drifted negative on diminishing likelihood of stimulus hitting the economy in the near future.  President Biden’s proposed $1.9 trillion relief package is being met with strong opposition in the Senate and Chuck Schumer said Congress is hoping to have something passed in the next 4-6 weeks—longer than initially anticipated.  The Dow is currently down 110 points, the S&P is trading flat, and the Nasdaq is currently up 14 points, trying to stay positive heading into the last 2 hours of trading.