UK inflation soared to a 30-year high in December — and economists say it’s going higher
The red-hot inflation reading piles the pressure on the Bank of England to take strong action to tame price rises…
Explainer-UK inflation nears 30-year high, but how fast will it fall back?
Explainer-UK inflation nears 30-year high, but how fast will it fall back?
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
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
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. __________________________…
Seven Questions: SchiffGold Friday Gold Wrap 01.07.22
The Federal Reserve released the minutes from the December FOMC meeting this week. They were even more hawkish than expected. That sparked a big taper tantrum in the markets. In this episode of the Friday Gold Wrap podcast, host Mike…
How to (Truly) Stop Inflation in the Economy
Have you heard? Inflation is quite the talking point not only in the media, but I’m guessing within your personal finances. I was not alive in the 1970’s when inflation wreaked havoc on the economy, but here we are once…
The Big Story: SchiffGold Friday Gold Wrap 12.31.21
We’re on the cusp of a new year. We certainly had a wild ride in 2021 with continuing coronavirus drama, inflation that turned out to be not so transitory, and a record-breaking stock market bubble. So, what was the biggest…
Taking a Pea Shooter to a Bazooka Fight: SchiffGold Friday Gold Wrap 12.17.21
We got more bad inflation news this week as the Federal Reserve wrapped up its final FOMC meeting of the year. Supposedly, the central bank has launched its war on inflation. Has it though? In this episode of the Friday…
I See Red! SchiffGold Friday Gold Wrap 12.10.21
Pretty much everybody now expects the Federal Reserve to go to war against inflation, but the central bank has a problem not many people seem to be talking about – an economy buried under debt. In this episode of the…
A Brand New Fed Chair? SchiffGold Friday Gold Wrap 12.03.21
After President Biden announced he was reappointing Jerome Powell for a second term as Federal Reserve Chairman, Powell went hawkish, saying it’s time to retire the word “transitory” when it comes to inflation and talking about speeding up the taper.…
The Status Quo Changes Things? SchiffGold Friday Gold Wrap 11.26.21
Earlier this week, President Joe Biden announced Jerome Powell will serve a second term as chair of the Federal Reserve. In effect, Biden stuck with the status quo. But the markets reacted as if big changes are afoot. Gold sold…
Don’t Fall for It! SchiffGold Friday Gold Wrap 11.19.21
The retail sales numbers for October came in even better than expected. The mainstream reported this as fantastic news — proof that the economy is booming. Meanwhile, Janet Yellen went on national TV and put a new spin on the…
You Call This Transitory? SchiffGold Friday Gold Wrap 11.12.21
The October Consumer Price Index data came out this week. They expected it to come in hot. But not this hot. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey digs into the CPI numbers, along with…
U.S. Inflation Likely to Get Worse, Dealing Challenge to Fed and Biden
Bloomberg) — After U.S. prices climbed by the most in three decades, there’s even worse news ahead for households and policy makers: Inflation likely has further to rise before it peaks. October’s annual rate was 6.2%, the highest since 1990, as price increases spread well beyond the parts of the economy most disrupted by pandemic closures…
It’s Taper Time! But So What? SchiffGold Friday Gold Wrap 11.05.21
The Federal Reserve wrapped up its FOMC meeting on Wednesday and finally announced the much-anticipated QE taper. The Fed will cut its bond-buying program by about $15 billion a month. But so what? In this episode of the Friday Gold…
S.Korea inflation hits near decade-high, raising rate hike bets
S.Korea inflation hits near decade-high, raising rate hike bets
Inflationary Spiral: SchiffGold Friday Gold Wrap 10.29.21
Is inflation transitory, as Federal Reserve Jerome Powell has claimed for months? Or are we on the verge of hyperinflation, as Twitter CEO Jack Dorsey recently warned? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks…
Australia core inflation speeds to 6-yr high in Q3, feeds rate fever
Australia core inflation speeds to 6-yr high in Q3, feeds rate fever