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Fed Speaks, Inflation Spikes: SchiffGold Friday Gold Wrap March, 22, 2024

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JD and Joel discuss this week’s Fed announcement. It caused new all-time highs in gold, but this all but confirms a coming inflation bloodbath. We also discuss ways the dollar can stay “strong” even amid high inflation.

OTHER TOPICS DISCUSSED

  • Gold is trading at $2165 (up $11 or about 1% on the week).
  • Silver is trading at $24.66 (up $0.51 or 2% on the week).
  • Fed doubles down on 3 interest rate cuts in 2024.
  • Existing home sales in Feb. reach 4.38 million (versus the expected 3.95 million).
  • U.S. Leading economic indicators better-than-expected at 0.1 (versus -0.1%).
  • Peter Schiff’s latest podcast.

Quote from Jeffrey Tucker:

“Freedom is the foundation for all wonderful things in life.”

TOP ARTICLES THIS WEEK

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.

Listen on Youtube

SchiffGold on Soundcloud

SchiffGold on Facebook

SchiffGold on Instagram: SchiffGoldNews

SchiffGold on MeWe

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

The above references an opinion and is for information purposes only. It is not intended to be investment advice.

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