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.
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.