A Bucket of Cold Water: SchiffGold Friday Gold Wrap April 17
Gold sold off overnight and stock futures soared after President Trump offered some guidelines to “reopen America.” There was also news of a promising COVID-19 treatment. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey throws a bucket of cold water on all of the optimism. He explains why the economy won’t likely just roar back to life even with an end to the economic lockdown.
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, Stitcher and Google Play.
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
Golds Two Biggest Markets Are Still Stubbornly Disconnected
Consumer Debt Was Already Surging Before Coronavirus
Peter Schiff: The Fed Is Printing Cash to Buy Trash
With confidence shattered, the road to a ‘normal’ US economy looks long
SchiffGold on Twitter: @SchiffGold
SchiffGold on Instagram: SchiffGoldNews
JD and Joel interview Dr. Charles Steele, Chairman of Economics, Business, and Accounting, at Hillsdale College. We discuss national debt, dollar default, Austrian economics, Von Mises, green energy bills, and space economics.
JD and Joel discuss gold’s underrated new all-time high, silver nearing $30 per oz, higher-than-expected inflation, the Fed’s response, and why buyers today can expect to pay lower premiums.