Fed Speaks, Inflation Spikes: SchiffGold Friday Gold Wrap March, 22, 2024 | SchiffGold
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.
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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.
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The above references an opinion and is for information purposes only. It is not intended to be investment advice.
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