An Economics Lesson from the Pilgrims: SchiffGold Friday Gold Wrap Nov. 24, 2023

Did you know Thanksgiving almost didn’t happen thanks to the Pilgrims’ experiment with socialism? It didn’t work. Fortunately, they figured out some economic truths and the rest is history. In this episode of the Friday Gold Wrap, host Mike Maharrey tells the Thanksgiving story you almost certainly didn’t hear in school. He also explains why today is called Black Friday.

TOPICS DISCUSSED

Why is this “Black” Friday?
Gold takes another run at $2,000
The shrinkflation problem
The CPI formula is messed up
How socialism nearly killed the Pilgrims

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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