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Reality Over Rhetoric: SchiffGold Friday Gold Wrap May 5, 2023

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The Federal Reserve raised rates yet again during its May FOMC meeting. Now everybody is trying to decipher the messaging coming out of the Fed to figure out what’s next. But what if the words Powell and Company are saying don’t really matter? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about the latest moves by the Fed and suggests we should focus on the realities over the rhetoric.

TOPICS COVERED

  • Fed raises interest rates again
  • Jerome Powell’s messaging
  • Inflation is far from beat
  • Powell claims we can still have a “soft landing”
  • Gold close to new record highs
  • What’s going to break next?

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below.

Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and political news as it relates to gold and silver, along with some insightful commentary.

LISTEN

You Can Also Listen on SoundCloud

SHOW NOTES

PacWest Explores Strategic Options Amid Stock Price Plunge

Peter Schiff: The Fed Has Screwed Up Everything That Is a Function of Interest Rates

The US Banking System Is Sound?

Bank Term Funding Program Reaches New All-Time High

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