There was a lot of economic data this month that seems to signal a strong economy. Does it though? Is everything really fine? In this episode of the Friday Gold Wrap, host Mike Maharrey digs deeper into the data and reveals a less sanguine reality. He also explains the inner workings of the spot price for gold, how it’s determined, and the factors that influence it.
TOPICS DISCUSSED
- “Strong” economic data isn’t so strong
- Fed paper admits rate hikes could “hammer” economy
- Things happen slowly and then all of a sudden
- What is the spot price and how is it determined
- Factors influencing the spot price
- Market manipulation?
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
Government Job Numbers Make No Sense
Fed Paper: Catastrophe Is Coming
Why Buy Gold Now? A Free Updated and Revised Report
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
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!
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