Media Silent As Gold Surpasses $2400: SchiffGold Friday Gold Wrap April 12, 2024 | SchiffGold

Media Silent As Gold Surpasses 00: SchiffGold Friday Gold Wrap April 12, 2024 | SchiffGold

  by   0   3

JD and Joel discuss gold’s underrated new all-time high, silver nearing $30 per oz, higher-than-expected inflation, the Fed’s response, and why buyers today can expect to pay lower premiums.

OTHER TOPICS DISCUSSED

    • Gold is trading at $2,335 (about the same as last week)
    • Silver is trading at $27.91 (up about 2% on the week)
    • CPI inflation data comes out at 3.5% year-on-year (exceeding the expected 3.2%)
    • UMichigan Survey shows consumers gloomier than expected (77.9 vs. expected 79.3)
    • Why waiting for lower spot prices might mean higher premiums

Quote from Ron Paul:

When monetary policy destroys the currency, it always destroys the middle class.”

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.

Get Peter Schiff’s key gold headlines in your inbox every week – click here – for a free subscription to his exclusive weekly email updates.

Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!