News Snapshot:
Despite stocks fluctuating in response to the latest trade war drama between the U.S. and China, gold has continued its near-daily upward march. Prices recently topped $4,300 per ounce for the first time in history as investors bet on safe-haven assets over bonds or currencies. But gold isn’t the only shiny metal soaring to new heights. Silver’s spot price hit $52 per ounce this week, a new all-time high that culminated a 60% rally since April. Are precious metals the latest target of speculative meme traders, or is the rally in hard assets based on underlying fundamentals? The answer might...