A Crack in the Dam SchiffGold Friday Gold Wrap 03 17 23
Friday gold wrap host Mike Maharrey has been saying something is going to break in the economy for months due to the Fede’s monetary tightening to fight inflation. Last Friday, something broke. It was the first crack in the dam.…
Crisis Averted?
Crisis averted? Or kick the can down the road? The mainstream says the recent bank failures are “contained.” Are they though?
Three Reasons the Fed Will Lose the Inflation Fight: SchiffGold Friday Gold Wrap 03.03.23
Despite the hotter-than-expected CPI data for January, most people still seem confident that the Federal Reserve can win the inflation fight, drive CPI back to 2% in relatively short order, and then return to the easy monetary policy we all…
Why Gold? SchiffGold Friday Gold Wrap 02.24.23
Why should you own gold in your investment portfolio? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about some reasons to own gold, including its historical wealth-preserving qualities and its role as a safe haven.…
This Is Less Than Ideal
In fact, it’s a big problem for the Federal Reserve. Read more here: https://schiffgold.com/key-gold-news/fiscal-2023-budget-deficit-already-approaching-a-half-trillion-dollars/
History Rhymes: SchiffGold Friday Gold Wrap 02.10.23
You’ve probably heard the saying that history might not repeat, but it often rhymes. If that’s true, looking back at the runup to the 2008 financial crisis and Great Recession should cause concern. In this episode of the Friday Gold…
Do You Believe Your Eyes or Your Ears? SchiffGold Friday Gold Wrap 02.03.23
Do you believe your eyes? Or do you believe your ears? That’s the dilemma you face as you try to make sense of the latest Federal Reserve meeting and Jerome Powell’s messaging. It’s also a question to ask yourself if…
Is “Cooling” Inflation Transitory? SchiffGold Friday Gold Wrap 01.13.23
The headline numbers from December’s CPI report give the impression that price inflation is continuing to cool. Markets are giddy at the prospect. But in this episode of the Friday Gold Wrap podcast, host Mike Maharrey argues that “cooling” price…
The Fed Can’t Win: SchiffGold Friday Gold Wrap 12.30.22
The Federal Reserve is trying to win a war against price inflation without tipping the economy into a recession. In this episode of the Friday Gold Wrap, host Mike Maharrey highlights two more reasons this is a game the Fed…
Crying Wolf? SchiffGold Friday Gold Wrap 12.23.22
Are the people who are predicting a big economic crash right? Or are they just crying wolf? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey explains why it’s hard to predict the exact timing of a…
Keep Your Eye on the Ball: SchiffGold Friday Gold Wrap 12.16.22
It’s easy to get caught up in the day-to-day gyrations of the market, pronouncements of certain government or central bank officials, and the most recent data dump. So, it’s important to keep your eye on the ball. In this episode…
J. Powell’s Do-Si-Do SchiffGold Friday Gold Wrap 12.02.22
Federal Reserve Chairman Jerome Powell came out this week and indicated the central bank is set to pivot away from its aggressive rate hikes. But he couched the announcement in hawkish terms. The markets bought the pivot and ignored the…
A Thanksgiving Story You Probably Didn’t Learn in School: SchiffGold Friday Gold Wrap 11.25.22
There are a lot of things they didn’t teach you in school. In this episode of the Friday Gold Wrap, host Mike Maharrey tells you a Thanksgiving story you’ve probably never heard before – at least not from your school…
Perception Is Reality? SchiffGold Friday Gold Wrap 11.11.22
They say perception is reality. Based on the October CPI data, the perception is inflation has peaked. But what’s the reality? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey digs into the CPI data along with…
A Wing and a Prayer: SchiffGold Friday Gold Wrap 11.04.22
The Federal Reserve delivered a 75-basis point rate hike at its November meeting, as expected. But what’s next? That’s a little harder to decipher. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey digs into the mixed…
Our Money Is Broken: SchiffGold Friday Gold Wrap 10.21.22
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. Inflation is raging. The economy is teetering on the…
Japan’s inflation hits 8-year high in test of BOJ’s dovish policy
Japan’s inflation hits 8-year high in test of BOJ’s dovish policy
$31 Trillion and An Unpopular Opinion
Well, our country just went over $31 trillion in national debt here in the USA. Instead of complaining about it, I figured I’d offer a solution on how to fix it. I’m aware though it will be a very unpopular…
This Is What Losing Looks Like: SchiffGold Friday Gold Wrap 10.14.22
The September Consumer Price Index (CPI) data came out on Thursday. Once again, it was “hotter than expected,” despite the Federal Reserve hiking rates by over 3% since March. In this episode of the Friday Gold Wrap podcast, host Mike…