by SchiffGold  0   6

JD and Joel unpack Peter’s newest podcast and the financial system’s present path towards stagflation. We have a look at this week’s worth motion, macroeconomic knowledge, and a quote from Jordan Peterson.


    • Gold is buying and selling at $2,337 (up $55 since this time final week)
    • Silver is buying and selling at $27.20 (down about 5% on the week)
    • CME Fedwatch device slates the Fed to decrease charges first in November
    • Q1 GDP got here out at simply 1.6% (versus the anticipated 2.2%)
    • Core PCE (year-over-year) got here out increased than anticipated at 2.8%

Quote of the week from Jordan Peterson:

Should you run from the issues you might be afraid of, you run from precisely what it’s essential discover. Dragons hoard gold as a result of the factor you most want is all the time to be discovered the place you least wish to look.”


The SchiffGold Friday Gold Wrap podcast combines a succinct abstract of the week’s financial treasured metals information coupled with considerate evaluation. You may subscribe to the podcast on Apple Podcasts and different podcasting platforms. The hyperlinks are beneath.

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