Playing Darts Wearing a Blindfold: SchiffGold Friday Gold Wrap June 17, 2022
The Federal Reserve just gave us the biggest interest rate hike since 1994. A month ago, we were told a 75 basis-point hike wasn’t on the table. It almost seems like the central bankers are winging it. Or as Friday Gold Wrap podcast host Mike Maharrey puts it, it’s like they’re playing darts while wearing blindfolds. In this episode, Mike breaks down the rhetoric coming out of this Fed meeting and speculates on what might be next.
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and Stitcher.
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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SHOW NOTES
The Fed Is Winging It: A 75 Basis Point Hike “Seemed like the Right Thing”
Peak Inflation Was a Fairytale Just Like Transitory Inflation
Retail Sales Unexpectedly Dropped in May
Is Corporate Greed Behind High Gas Prices?
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