Image Source: Unsplash

I do truly hope you're getting set for a restful and celebratory holiday weekend. And regardless of whether you are observing any of the holidays, hopefully you can just take a moment to appreciate the things that are going well in life.

So today I will keep it brief, especially with gold and silver trading in the US closed for the day. Although I did have a few notes worthy of passing along.

I mentioned on Wednesday how after all of the gold and silver flowed from London to New York, now we are seeing some of it head to China. And as Reuters is reporting, it's now going back to Switzerland as well.

The World Gold Council just posted their latest update on the Chinese gold market, and you can see the highlights below, or read the full report here.

The latest update regarding the US-China tariff war is that Trump is now attempting to round up other countries to join in against China as well.

Perhaps that strategy will be successful. Although I did find it interesting to see this tweet this week from Pepe Escobar, who reports that at least for now, the tone in China indicates that they are less than intimidated by what's going on.

Lastly, yesterday I talked about Trump's latest comments about Jerome Powell and the Fed, where he mentioned that Powell can't leave his position fast enough.

Yet apparently, it seems as if Trump may have even gone further than just voicing his displeasure, as there’s a report surfacing that he has actually been attempting to get Powell fired.

So that's where it all stands heading into the holiday weekend.

At least you can’t say it hasn’t been exciting, right?!

More By This Author:

UBS Says Gold Still Has Room To Run
Gold That Flowed Into U.S. Now Slowly Trickles Out
Gold & Silver Rally Again, But The Real Story Is The Bond Market Collapse