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50 Years of Monopoly Money: Friday Gold Wrap Podcast Aug. 20, 2021

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This week marked the 50th anniversary of President Richard Nixon slamming shut the “gold window” and cutting the last tether between the dollar and gold. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey explains exactly what Nixon did and the impact of 50 years of monopoly money. He also covers some of the week’s economic data and the release of the Fed’s July minutes.

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes and Stitcher.

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.

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SHOW NOTES

Producer Prices Undercut Transitory Inflation Narrative

US Government Runs Third-Biggest Deficit of 2021 in July

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