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.
LISTEN
You Can Also Listen on SoundCloud
SHOW NOTES
Is It Time to Drop the “L” in the BLS?
Central Bank Gold Reserves Chart Biggest Increase Since 1950 in 2022
SchiffGold on Twitter: @SchiffGold
SchiffGold on Instagram: SchiffGoldNews
The Friday Gold Wrap on Apple Podcasts
The Friday Gold Wrap on Stitcher
The Friday Gold Wrap on Spotify
The Friday Gold Wrap on Google Podcasts
JD and Joel discuss gold’s underrated new all-time high, silver nearing $30 per oz, higher-than-expected inflation, the Fed’s response, and why buyers today can expect to pay lower premiums.