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Last week, the Bank of England threw in the towel on its inflation fight and launched a quantitative easing program. Why? Because something broke in the UK financial system. That led to a rally in stocks and precious metals this week as many in the US realized the Fed might be closer to a pivot than previously thought. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about why he thinks something is going to eventually break in the US economy.
The Bank of England’s pivot
A UN Report Asking Central Banks to stop tightening and the ramifications
The National Debt
Gold’s performance in 2022
Breaking the September jobs report
You can visit the show notes page here: https://bit.ly/3CF7P7O
Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and political news as it relates to gold and silver, along with some insightful commentary.
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