Fed Speaks, Inflation Spikes: SchiffGold Friday Gold Wrap March, 22, 2024
JD and Joel discuss this week’s Fed announcement. It caused new all-time highs in gold, which signals a coming inflation bloodbath. We also discuss Peter’s most recent podcast and other economic news.
OTHER TOPICS DISCUSSED
- Gold is trading at $2165 (up $11 or about 1% on the week).
- Silver is trading at $24.66 (up $0.51 or 2% on the week).
- Fed doubles down on 3 interest rate cuts in 2024.
- Existing home sales in Feb. reach 4.38 million (versus the expected 3.95 million).
- U.S. Leading economic indicators better-than-expected at 0.1 (versus -0.1%).
- Peter Schiff’s latest podcast.
Quote from Jeffrey Tucker:
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TOP ARTICLES THIS WEEK
- Peter Schiff: Inflation Bloodbath on the Way
- The End of Japan’s Negative Interest Rates: What it Means for Gold
- The BLM’s Quiet War on Precious Metals
- Is Someone About to Stress the Comex?
- PIMCO: The Fed Needs More Unemployment
- Junk Bond Default Surge Continues in 2024
- The Myth of Fed Neutrality
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.
