Gold Gains, Bitcoin Blasts Off: SchiffGold Friday Gold Wrap March, 1, 2024
JD and Joel discuss Peter’s take on the recent bitcoin craze driven by ETF demand. Is there a limit to Bitcoin’s upside? Plus, what’s driving higher gold prices this week?
OTHER TOPICS DISCUSSED
- Breaking news: Oil tops $80 per barrel
- UMichigan survey shows consumers feel gloomy about economy, pushing gold up.
- Gold is trading at $2070 (up $42 on the week)
- Silver is trading at $22.65 (down $0.14 on the week)
- CME Fedwatch shows 97.0% of investors expect unchanged interest rates in March
- Dallas Fed Manufacturing February reads -11.3
- Peter Schiff’s latest podcast
- The week ahead
Quote from Milton Friedman:
Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.
TOP ARTICLES THIS WEEK
- Slower US Mint Sales Are Keeping Coin Premiums Low
- Can China’s Real Estate Market Survive Evergrande?
- Money Supply Growth Continues to Support the Stock Market
- Inflation’s Impact: The Penny’s Plunge into Irrelevance
- Why Americans Don’t See A Healthy Economy
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.
