Gold Gains, Bitcoin Blasts Off: SchiffGold Friday Gold Wrap 3.1.24

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JD and Joel discuss Peter’s take on the recent bitcoin craze driven by ETF demand. Is there a limit to Bitcoin’s upside? Plus, what’s driving higher gold prices this week?


-Breaking news: Oil tops $80 per barrel
-UMichigan survey shows consumers feel gloomy about economy, pushing gold up.
-Gold is trading at $2070 (up $42 on the week)
-Silver is trading at $22.65 (down $0.14 on the week)
-Dallas Fed Manufacturing February reads -11.3
-Peter Schiff’s latest podcast
-The week ahead

Quote from Milton Friedman:
Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.

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