JD and Joel focus on gold’s underrated new all-time excessive, silver nearing $30 per oz, higher-than-expected inflation, the Fed’s response, and why consumers at present can anticipate to pay decrease premiums.
OTHER TOPICS DISCUSSED
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- Gold is buying and selling at $2,335 (about the identical as final week)
- Silver is buying and selling at $27.91 (up about 2% on the week)
- CPI inflation information comes out at 3.5% year-on-year (exceeding the anticipated 3.2%)
- UMichigan Survey reveals shoppers gloomier than anticipated (77.9 vs. anticipated 79.3)
- Why ready for decrease spot costs may imply greater premiums
Quote from Ron Paul:
When financial coverage destroys the forex, it all the time destroys the center class.”
TOP ARTICLES THIS WEEK
The SchiffGold Friday Gold Wrap podcast combines a succinct abstract of the week’s financial valuable metals information coupled with considerate evaluation. You’ll be able to 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 data functions solely. It’s not meant to be funding recommendation.
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