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A Byte-sized Bubble? SchiffGold Friday Gold Wrap February, 23, 2024

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JD and Joel discuss Peter’s take on the record-breaking highs in stocks, driven by chip company NVIDIA’s $277 billion Thursday rally. Is there a stock bubble driven by AI hype and low-interest rates? How might the Fed respond and what does this mean for gold?

OTHER TOPICS DISCUSSED

  • Gold is trading at $2028 (up $28 on the week)
  • Silver is trading at $22.79 (down $0.04 on the week)
  • CME Fedwatch shows 97.5% of investors expect unchanged interest rates in March
  • Peter Schiff’s latest podcast
  • What makes stock-picking riskier than ever
  • Wisdom from Charlie Munger
  • The week ahead

Quote from Munger:

People calculate too much and think too little.

TOP ARTICLES THIS WEEK

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.

Listen on Youtube

SchiffGold on Soundcloud

SchiffGold on Facebook

SchiffGold on Instagram: SchiffGoldNews

SchiffGold on MeWe

The Friday Gold Wrap on Apple Podcasts

The Friday Gold Wrap on Stitcher

The Friday Gold Wrap on Spotify

The Friday Gold Wrap on Google Podcasts

The above references an opinion and is for information purposes only. It is not intended to be investment advice.

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