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Gold closed this week at $2,746 (up $24 since last week) and silver at $33.69 (about the same). What could the second US bank failure of 2024 and the global BRICS Summit mean for gold and silver?
The commercial real estate market is showing an “urban-doom-loop”, and Washington’s monetary policies are fueling the flames, pushing investors and banks to the brink. Will the government’s interventionist approach spark an economic catastrophe worse than 2008 that exposes the true cost of their reckless actions?
Joel and JD unravel the shocking economic turmoil of the week, spotlighting the catastrophic collapse of Republic First Bank, alarming jobs data, and Powell’s foreboding speech. With the Fed confessing anxiety about inflation and pulling rate cuts off the path, it’s now clear: we’re in dangerous territory with no guard rails in sight!
