Joel and JD unravel the surprising financial turmoil of the week, spotlighting the catastrophic collapse of Republic First Financial institution, alarming jobs knowledge, and Powell’s foreboding speech. With the Fed confessing anxiousness about inflation and pulling price cuts off the trail, it’s now clear: we’re in harmful territory with no guard rails in sight!
OTHER TOPICS DISCUSSED
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- Gold is buying and selling at $2,302 (down $35 since this time final week)
- Silver is buying and selling at $25.60 (down about $0.65 on the week)
- Financial system provides 175,000 jobs in April (25,000 lower than anticipated)
- Unemployment rises to three.9%
Quote of the week from Ron Paul:
If folks assume the gold value up and down is a mirrored image of one thing unsuitable with gold, no – I say it’s one thing unsuitable with the greenback.
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 data functions solely. It’s not meant to be funding recommendation.
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