Gazing Into a Hazy Crystal Ball: SchiffGold Friday Gold Wrap 07.01.22
Federal Reserve Chairman Jerome Powell continues to insist that the economy is strong enough to withstand tighter monetary policy to fight inflation. But the economy seems to be saying otherwise. So, how will this play out? In this week’s Friday…
Dumping Water on a Drowning Man: SchiffGold Friday Gold Wrap 06.24.22
They tried to deny it for months, but now everybody knows we have an inflation problem. The president, Congress and all of the central bankers at the Fed are trying to find ways to solve this problem. But as host…
Playing Darts Wearing a Blindfold: SchiffGold Friday Gold Wrap 06.17.22
The Federal Reserve just gave us the biggest interest rate hike since 1994. A month ago, we were told a 75 basis-point hike wasn’t on the table. It almost seems like the central bankers are winging it. Or as Friday…
Inflation vs. Prices – There’s a Difference!
Inflation has become a very tricky subject to discuss with others due to, quite literally, the English language changing the definition. Why the definition was changed, I don’t know (but I do some some theories on!), but the fact of…
Dashed peak inflation hopes spell more pain for stocks and bonds
Dashed peak inflation hopes spell more pain for stocks and bonds
CPI Day! SchiffGold Friday Gold Wrap 06.10.22
The Consumer Price Index (CPI) data for May came out this morning. The projection was for another hot headline number but some relief in core CPI. This would seem to indicate we’ve passed peak inflation. In this episode of the…
Therapy Session SchiffGold Friday Gold Wrap 06 03 22
Why haven’t gold and silver rallied as one would expect in such a high inflation environment? In this episode of the Friday Gold Wrap, host Mike Maharrey delves into some of the psychology driving the markets and explains why it…
Why Shouldn’t You Give Up on Gold and Silver?
A lot of investors wonder about the lack of movement in gold and silver, especially given rampant inflation. Why haven’t we seen a big rally in precious metals as many expected? Why shouldn’t you just give up on gold and…
The Fed Giveth; The Fed Taketh Away: SchiffGold Friday Gold Wrap 05.27.22
When the Federal Reserve tinkers with interest rates, it creates all kinds of economic distortions. This is very obvious in the housing market. Over the last couple of years, the Fed blew up a giant housing bubble. Now, the central…
Inflation crimps Indian firms as rural millions cut spending
Inflation crimps Indian firms as rural millions cut spending
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,…
Inflation, Ukraine war seen as chief financial risks -Fed report
Inflation, Ukraine war seen as chief financial risks -Fed report
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 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…
“Corporate Greed” is the Cause of Inflation? No
I’m sure you’ve heard the narrative in the media and from some politicians that a big cause of inflation is “corporate greed”. I can understand this perspective and how some may automatically blame the companies who sell products and services.…
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
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…
Inflation in Russia hits 7-yr high, prices jump 10% in year-to-date
Inflation in Russia hits 7-yr high, prices jump 10% in year-to-date
This is How Inflation is SO Vicious
Inflation has been the hottest topic in the mainstream headlines for the past few months, and rightfully so. Over the course of history, oftentimes this economic term gets buried in the textbooks and is forgotten about without the slightest thought.…
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…