History Rhymes: SchiffGold Friday Gold Wrap Feb. 10, 2023

You’ve probably heard the saying that history might not repeat, but it often rhymes. If that’s true, looking back at the runup to the 2008 financial crisis and Great Recession should cause concern. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey looks at some of the parallels between then and now. He also digs deeper into the January jobs report and explains why you should be skeptical.

TOPICS COVERED

Interest rate hikes then and now
Soft landing — where have we heard that one before?
Should we change BLS to BS?
Five reasons to be skeptical of the non-farm payroll report
Central bank gold purchases set a record in 2022
Why are central banks buying gold?

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.

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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