Back to Reality: SchiffGold Friday Gold Wrap Dec. 4, 2020
After a dismal November, gold and silver are starting to show some signs of life. But what caused the big drop in the price of precious metals last month? Was it warranted? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey looks at the economic and monetary fundamentals and tries to bring us back to reality. He argues that despite the optimism about a coronavirus vaccine, nothing will fundamentally change.
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.
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SHOW NOTES
Gold Stands the Test of Time
Foreign Share of US Debt Plunging; Fed Picking Up the Slack
17 Million Americans Behind on Mortgage or Rent Payments
Peter Schiff: Government “Help” Is Not Helping
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.