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.
OTHER TOPICS DISCUSSED
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- 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.”
TOP ARTICLES THIS WEEK
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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The above references an opinion and is for info functions solely. It’s not supposed to be funding recommendation.
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