Weekly Wrap - 28th Mar - Gold Flies High + Bad looking week for US Indices & DAX

The Silver Squeeze movement is happening on Monday 31st March!!

Welcome to the Weekly Wrap, the newsletter that does the hard work so you don’t have to! There is an extra audio this week that explains the Silver Squeeze movement on Monday 31st March along with other various pieces of housekeeping.

Please take a look and join the Silver Squeeze community on X

I would also like to take a moment to thank

Jesse Colombo

for his hard work in getting that community up and running and also for allowing

The Contrarian Capitalist

to be able to share the occasional chart and reference to his work. I have extended a podcast invite out to

Jesse Colombo

and hopefully that will come to fruition at some point in 2025.

Summary of the markets this week

• Gold = UP 2.04% on the week (61 cents) and new ATH of $3,086 in spot

• Silver = UP 3.26% on the week ($1.07) and gets ready for potential Silver Squeeze

• Dow Jones = DOWN 1.26% (527 points)

• NASDAQ = DOWN 2.81% (555 points)

• S&P 500 = DOWN 1.84% (104 points)

• Nat Gas = UP 3.27% ($1.31)

• Brent Crude = UP 1.10% ($0.79)

GOLD

No matter what metric or market you look at, Gold is absolutely flying at the moment! It hit the $3,000 last week and has gone from strength to strength this week, finishing the week at $3,085.20.

For UK readers, Gold also hit a new high at £2,391.46 right on the close. This surpassed the recent intraday high of £2,381 back in early February 2025.

We have to be careful and not get too carried away at the moment. There are a lot of bullish factors out there and gold will continue to trend upwards in the long run. There will be bumps and corrections along the way but it is safe to say that the future is bright.

SILVER

Mr Slammy showed up again today. Monday will be fascinating not just because of the Silver Squeeze movement but also because it is the end of Q1. As with gold, silver is in a good position and do not get phased by its volatility.

Gold’s strength was at the expense of the US Indices this week……