That Seems Less Than Ideal: SchiffGold Friday Gold Wrap Oct. 18, 2019
News of a possible “phase 1 trade deal” and movement toward a resolution of the Brexit fiasco have buoyed stocks and put a lid on silver and gold this week. But positive vibes on these two fronts overshadowed a lot of economic data that came out this week that was less than ideal. It seems the American consumer might be getting close to being maxed out. In this episode of the SchiffGold Friday Gold Wrap podcast, host Mike Maharrey digs into a big pile of debt and more.
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 iTunes.
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
Peter Schiff: Trump and the Fed Are Reading Off the Same Script
CBO Estimates FY2019 Federal Budget Deficit Was Just A Hair Under $1 Trillion
Is the National Debt Really Just Money We Owe to Ourselves?
Related Posts
Saying One Thing; Doing Whatever: SchiffGold Friday Gold Wrap Sept. 22, 2023
The Federal Reserve wrapped up its September meeting on Wednesday and left interest rates unchanged. But Powell and Company had plenty to say. In this episode of the Friday Gold Wrap, host Mike Maharrey breaks down the rhetoric and argues that what the Fed says and what it will do are two different things.Fed Up! SchiffGold Friday Gold Wrap Sept. 8, 2023
We’re fed up — fed up with the Federal Reserve. After all, it is the engine that drives the biggest government in history. In this episode of the Friday Gold Wrap, host Mike Maharrey explains what the Fed is, how it came to be, and how it enables reckless government borrowing and spending. He also […]For Those Who Labor… SchiffGold Friday Gold Wrap Sept. 1, 2023
We’re kicking off Labor Day weekend. That means you’re going to hear a lot of rhetoric about how the government needs to do more for workers. But as Friday Gold Wrap host Mike Maharrey explains, we don’t really need better government policies for workers. We need better money for everybody. He also talks about tanking […]Another BRIC in the Wall: SchiffGold Friday Gold Wrap Aug. 25, 2023
The BRICS economic bloc announced it will add six new members, including Saudi Arabia. The growing influence of BRICS could ultimately dent Western economic power and undermine the dollar’s role as the world’s reserve currency. In this episode of the Friday Gold Wrap, host Mike Maharrey talks about the ramifications of BRICS expansion, de-dollarization, and […]