You Spin Me Right Round! SchiffGold Friday Gold Wrap 05.20.22

You Spin Me Right Round! SchiffGold Friday Gold Wrap 05.20.22

There is a lot of spin out there when it comes to economic news. You get spin from the corporate media, You get spin from government officials. And you get spin from central bankers. In this episode of the Friday…

Peru economy grows 3.79% in March, weighed down by mining protests

Peru economy grows 3.79% in March, weighed down by mining protests

LIMA — Peru’s economy grew 3.79% in March compared with a year earlier, the country’s statistics agency said on Sunday, with most sectors of the economy showing improvement, while the key mining industry shrank due to social conflicts hitting production. Peru is the world’s No. 2 copper producer…

Wishful Thinking: SchiffGold Friday Gold Wrap 05.13.23

Wishful Thinking: SchiffGold Friday Gold Wrap 05.13.23

When we got the March CPI data last month, the mainstream crooned that it looked like we were at peak inflation. This was wishful thinking. The April CPI data that came out this week, along with the producer price numbers,…

The Crossroads Is Looming! SchiffGold Friday Gold Wrap 05.06.22

The Crossroads Is Looming! SchiffGold Friday Gold Wrap 05.06.22

The Fed hiked rates 0.5% this week in an effort to stem the inflation tide. But the economy already looks shaky and the central bank has barely started this inflation fight. Friday Gold Wrap host Mike Maharrey breaks down the…

The Fed's Conundrum: SchiffGold Friday Gold Wrap 04.22.22

The Fed’s Conundrum: SchiffGold Friday Gold Wrap 04.22.22

The Fed faces a real conundrum. Bond yields continue to rise. The only thing that can stop it is a central bank pivot back to rate cuts and quantitative easing. But the Fed needs to raise rates and shrink its…

Powell's Price Hike: SchiffGold Friday Gold Wrap 04.15.22

Powell’s Price Hike: SchiffGold Friday Gold Wrap 04.15.22

We got the CPI data for March this week. As expected, prices spiked significantly again last month. A lot of people in the mainstream are calling it “Putin’s price hike.” Friday Gold Wrap host Mike Maharrey says it would be…

Delusions of Grandeur: SchiffGold Friday Gold Wrap 04.08.22

Delusions of Grandeur: SchiffGold Friday Gold Wrap 04.08.22

Earlier this week, Lael Brainard said the Federal Reserve will run off its balance sheet at a considerably more rapid pace than it did last time around. SchiffGold Friday Gold Wrap host Mike Maharrey thinks Brainard and the rest of…

Words Mean Things: SchiffGold Friday Gold Wrap 04.01.22

Words Mean Things: SchiffGold Friday Gold Wrap 04.01.22

When you change the definition of words, it can create confusion. This is exactly why politicians have worked so hard to change the definition of inflation. As a result, a lot of people are very confused. In this Friday Gold…

Can Jerome Powell and the Fed Bully Inflation? SchiffGold Friday Gold Wrap 03.25.22

Can Jerome Powell and the Fed Bully Inflation? SchiffGold Friday Gold Wrap 03.25.22

The Fed threw a pretty weak first punch at inflation with a quarter-point interest rate hike last week. But Fed Chair Jerome Powell followed up with some tough talk this week. The question is what will he do when the…

We Are Being Lied To

We Are Being Lied To

Believe it or not, the governmental institutions are not being very honest with us. Shocking, isn’t it??? In this situation, the claim is being made that the USA has a “very strong” economy. Is this claim, actually, true? No! The…

Less for More: SchiffGold Friday Gold Wrap 03.04.22

Less for More: SchiffGold Friday Gold Wrap 03.04.22

You’re getting less for more every time you pull out your wallet. Inflation is chewing up the average person’s paycheck. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about the real pain of inflation. He…

Myth Busting! SchiffGold Friday Gold Wrap 02.25.22

Myth Busting! SchiffGold Friday Gold Wrap 02.25.22

You’ve probably heard people say inflation is being caused by “greedy corporations.”  They back up this increasingly popular narrative with tales of “excessive corporate profits.” In this episode of the Friday Gold Wrap, host Mike Maharrey busts this myth. He…

A Bunch of Bull(ard)! SchiffGold Friday Gold Wrap 02.18.22

A Bunch of Bull(ard)! SchiffGold Friday Gold Wrap 02.18.22

There was more bad inflation news this week. So, the Fed is about to ramp up the inflation fight, right? Not so fast. In this episode of the Friday Gold Wrap, host Mike Maharrey argues that the central bank isn’t…

Uh-Oh! SchiffGold Friday Gold Wrap 02.11.22

Uh-Oh! SchiffGold Friday Gold Wrap 02.11.22

The Federal Reserve still seems to be hoping that inflation will just go away on its own or that it can jawbone it down by projecting a few little rate hikes. But the Consumer Price Index data keeps dashing its…

A Monetary Jenga Game: SchiffGold Friday Gold Wrap 02.04.22

A Monetary Jenga Game: SchiffGold Friday Gold Wrap 02.04.22

With little fanfare, the national debt crossed the $30 trillion threshold this week. That is an unfathomable number. And as host Mike Maharrey explains in this week’s Friday Gold Wrap podcast, it’s worse than that. Most people aren’t concerned. Maharrey…

It's a Big Flim-Flam: SchiffGold Friday Gold Wrap 01.28.22

It’s a Big Flim-Flam: SchiffGold Friday Gold Wrap 01.28.22

The Federal Reserve held its first FOMC meeting of 2022. The central bank didn’t do anything, but the tone coming out of the meeting was widely perceived as even more “hawkish.” Everybody is convinced the Fed really means it now.…

Perceptions: SchiffGold Friday Gold Wrap 01.21.22

Perceptions: SchiffGold Friday Gold Wrap 01.21.22

It is often said that perception is reality. Politicians spend a tremendous amount of time and energy trying to shape perceptions. So, how does the average American perceive the US economy? In this episode of the Friday Gold Wrap, host…

Hopes and Prayers Economic Policy: SchiffGold Friday Gold Wrap 12.14.22

Hopes and Prayers Economic Policy: SchiffGold Friday Gold Wrap 12.14.22

December gave us another big jump in consumer prices. But despite a lot of talk about an inflation war, accommodative monetary policy remains in play. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey breaks down the…

Peter Schiff Explains the REAL Reason Gold Hasn't Gone Up and Why It Ultimately Will

Peter Schiff Explains the REAL Reason Gold Hasn’t Gone Up and Why It Ultimately Will

Inflation is through the roof. So, why isn’t gold rising? We hear this question over and over again. In this video, Peter Schiff gives you the answer and explains why the markets will eventually wake up to their misperception. __________________________…

Peter Schiff Explains the REAL Reason Gold Hasn't Gone Up and Why It Ultimately Will

Peter Schiff Explains the REAL Reason Gold Hasn’t Gone Up and Why It Ultimately Will

Inflation is through the roof. So, why isn’t gold rising? We hear this question over and over again. In this video, Peter Schiff gives you the answer and explains why the markets will eventually wake up to their misperception. __________________________…