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May 12, 2023Friday Gold Wrap

A Big Disconnect: SchiffGold Friday Gold Wrap Podcast May 12, 2023

The CPI data for April came out this week. The mainstream spin was that it was more good news for the Fed’s inflation fight. But the actual data tells a different story. In this episode of the Friday Gold Wrap, host Mike Maharrey talks about the CPI report and the disconnect between the mainstream narrative and reality. He also highlights some interesting Q1 gold demand numbers.

TOPICS DISCUSSED

  • What drives mainstream media narratives?
  • The mainstream spin on the April CPI report
  • The actual CPI data
  • Market reaction
  • The Fed’s conundrum
  • Physical gold demand in Q1

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.

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SHOW NOTES

The CPI is Two Months Away From Bottoming Before the Next Leg Up

Physical Gold Investment Up 5% in First Quarter

Credit Card Debt Surges Again in March Despite High Interest Rates

The Money Supply Has Plummeted in the Biggest Drop Since the Great Depression

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