Earthquakes & Gold Rallies Above $2300: SchiffGold Friday Gold Wrap April 5, 2024
JD and Joel discuss gold’s new record high and silver’s tear upwards, an earthquake in NYC, headline jobs numbers, and Peter’s most recent podcast.
OTHER TOPICS DISCUSSED
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- Gold is trading at $2,329 (up $100 on the week)
- Silver is trading at $27.46 (up about 10% on the week)
- Fed governor Adriana Kugler’s dovish comments push gold above $2300)
- Nonfarm payrolls come in above expectations (303,000 vs. 200,000)
- The recent spike in commodities
- Peter Schiff’s recent podcast
- Alan Greenspan’s affinity for Rothbard
Quote from Murray Rothbard:
It is easy to be conspicuously ‘compassionate’ if others are being forced to pay the cost.”
TOP ARTICLES THIS WEEK
- Jobs: Household Report Jumps but QCEW Shows Job Market is Not as Strong
- Yellen Continues Betting on Interest Rate Declines
- Too Hot to Handle: Gold Due for a Correction?
- Peter Schiff: Gold is Telling Us the Fed is Wrong
- “Urban Doom Loop” of Vacant Offices: How far will it go?
- How Inflation Buzzwords Manipulate
- More Inflation, More Copper Theft
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.
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The above references an opinion and is for information purposes only. It is not intended to be investment advice.