Gold Reaches New All-Time High: SchiffGold Friday Gold Wrap 3.8.2024

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JD and Joel discuss the new all-time highs in gold, Peter’s recent commentary on the Fed, and why silver is an especially good deal.


-Gold is trading at $2178 (up $126 on the week)
-Silver is trading at $24.30 (up $1.65 on the week)
-Last Friday’s Fed policy reports warned of risks to the financial sector
-Nonfarm payrolls rose 275,000 for the month topping the forecast of 198,000
-CME Fedwatch tool shows significantly increasing expectations of lower interest rates
-Peter Schiff’s Podcast

Quote from Noam Chomsky:

The smart way to keep people passive and obedient is to strictly limit the spectrum of acceptable opinion, but allow very lively debate within that spectrum.”

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