Gold Hits Weekly High February 15, 2019 Good news is often found on a Friday and this week is no different, as we see gold reaching a weekly high, despite the factor of a stronger U.S. dollar in the mix. The yellow metal is shining today, with spot prices up over $7 an ounce at $1,321.40. All three other precious metals have followed suit, determined to end this week on a high note as they push spot prices higher across the board. Of note, Palladium is up $25.50 to $1,446.40—more valuable than gold at the moment. While the markets enjoy their Friday bump, there are still mounting domestic concerns in the U.S., not the least of which include the President’s plan to declare a national emergency to seek additional funding for his long-desired border wall. Opposition Democrats are threatening a raft of countermeasures and it may be up to our third branch of government—the Judicial—to step in and act as referee. The best news is that there will be no second government shutdown. For those looking for a market barometer as we head into next week, look no further than the trade talks with China. A delegation will make its way to Washington next week for another round of high-level talks on trade and tariffs. Word on the street is that progress is being made, but any missteps could spook a fragile equity market which in turn could spur additional interest in precious metals. Stay tuned for the next episode… Have a wonderful weekend. This Market Insight was written by a senior Dillon Gage analyst. Walter Pehowich will return on 2/20/19. Disclaimer: This editorial has been prepared by a senior Dillon Gage Metals’ analyst for information and thought-provoking purposes only and does not purport to predict or forecast actual results. This editorial opinion is not to be construed as investment advice or as a recommendation regarding any particular security, commodity or course of action. Opinions expressed herein cannot be attributable to Dillon Gage. Reasonable people may disagree about the events discussed or opinions expressed herein. In the event any of the assumptions used herein do not come to fruition, results are likely to vary substantially. It is not a solicitation or advice to make any exchange in commodities, securities or other financial instruments. No part of this editorial may be reproduced in any manner, in whole or in part, without the prior written permission of Dillon Gage Metals. Dillon Gage Metals shall not have any liability for any damages of any kind whatsoever relating to this editorial. You should consult your advisers with respect to these areas. By posting this editorial, you acknowledge, understand and accept this disclaimer.