Inflation Is a Thing! SchiffGold Friday Gold Wrap 09.03.21

Inflation Is a Thing! SchiffGold Friday Gold Wrap 09.03.21

Federal Reserve Chairman Jerome Powell spent most of his Jackson Hole speech continuing to try to convince everybody that inflation is transitory. As Friday Gold Wrap podcast host Mike Maharrey points out in this episode, whether it is or isn’t…

Whatever Will He Say? SchiffGold Friday Gold Wrap 08.27.21

Whatever Will He Say? SchiffGold Friday Gold Wrap 08.27.21

Jerome Powell will speak today at the Jackson Hole economic summit. Everybody is on pins and needles in anticipation of the Fed chairman’s speech. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey discusses the Fed’s messaging…

50 Years of Monopoly Money: SchiffGold Friday Gold Wrap 08.20.21

50 Years of Monopoly Money: SchiffGold Friday Gold Wrap 08.20.21

This week marked the 50th anniversary of President Richard Nixon slamming shut the “gold window” and cutting the last tether between the dollar and gold. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey explains exactly what…

Going Off Script: SchiffGold Friday Gold Wrap 08.13.21

Going Off Script: SchiffGold Friday Gold Wrap 08.13.21

Gold and silver tanked after last Friday’s job report. But both metals have rallied a bit since the July CPI numbers came in right at expectations. In this episode of the Friday Gold Wrap, host Mike Maharrey looks a little…

Faking It: SchiffGold Friday Gold Wrap 08.06.21

Faking It: SchiffGold Friday Gold Wrap 08.06.21

Gold was solidly above $1,800 an ounce this week until Fed Vice Chair Richard Clarida mentioned the economy reaching the Fed’s goals earlier than expected and raised the specter of monetary policy tightening. But is the economy really improving as…

UK public’s inflation expectations jump in July

UK public’s inflation expectations jump in July

UK public’s inflation expectations jump in July – Citi/YouGov

All You Do to Me Is Talk Talk! SchiffGold Friday Gold Wrap 07.30.21

All You Do to Me Is Talk Talk! SchiffGold Friday Gold Wrap 07.30.21

The Federal Reserve held its July meeting this week. Once again, it didn’t do anything. But there was certainly plenty of talk to dissect. In this episode of the Friday Gold Wrap, host Mike Maharrey does just that with some…

Political Theater: SchiffGold Friday Gold Wrap 07.23.21

Political Theater: SchiffGold Friday Gold Wrap 07.23.21

Pop some popcorn. It’s time for some political theater. Congress is gearing up for another debt ceiling fight. In this episode of the Friday Gold Wrap, host Mike Maharey gives you a preview of the next big Washington DC blockbuster…

The Story Is All They've Got! SchiffGold Friday Gold Wrap 07.16.21

The Story Is All They’ve Got! SchiffGold Friday Gold Wrap 07.16.21

Consumer price index data came in hotter than expected. Again. The producer price index data also came in well above projections. But Fed Chair Jerome Powell continues to stick to his “inflation is transitory” story. On this episode of the…

How Long Can They Keep This Thing Going? SchiffGold Friday Gold Wrap 07.09.21

How Long Can They Keep This Thing Going? SchiffGold Friday Gold Wrap 07.09.21

This week, the IMF undercut the Fed’s “transitory” inflation narrative, warning about the possibility of sustained inflation in the US. But the real question remains unanswered – what will the Fed do about it? In this episode of the Friday…

ECB’s Knot says “inflation is not dead” in Europe

ECB’s Knot says “inflation is not dead” in Europe

ECB’s Knot says “inflation is not dead” in Europe – NRC interview

Indonesia June inflation slows to 10-month low

Indonesia June inflation slows to 10-month low

Indonesia June inflation slows to 10-month low

We Have a (Raw) Deal! SchiffGold Friday Gold Wrap 06.25.21

We Have a (Raw) Deal! SchiffGold Friday Gold Wrap 06.25.21

But where is Uncle Sam going to come up with the money? And what does this tell you about the likely trajectory of Federal Reserve monetary policy? Host Mike Maharrey talks about it in this episode of the Friday Gold…

Economics Always Wins: SchiffGold Friday Gold Wrap 06.11.21

Economics Always Wins: SchiffGold Friday Gold Wrap 06.11.21

We got another round of hotter than expected CPI data this week. The mainstream financial media is spinning this as good news. In this episode of the Friday Gold Wrap, host Mike Maharrey digs into the CPI data without the…

Slow Burn: SchiffGold Friday Gold Wrap 06.04.21

Slow Burn: SchiffGold Friday Gold Wrap 06.04.21

With some positive economic data coming out this week, investors suddenly went bullish on the economy again and decided that the Fed is surely going to deal with inflation now. Will it though? In this Friday Gold Wrap Podcast episode,…

Intervention Begets Intervention: SchiffGold Friday Gold Wrap 05.28.21

Intervention Begets Intervention: SchiffGold Friday Gold Wrap 05.28.21

The Fed wants us to believe everything is under control. The economy is improving. Inflation is transitory. Good times are ahead. But behind the scenes, central bankers and government officials are scrambling to keep all the economic props in place.…

Peter Schiff: The Lull Before the Storm

Peter Schiff: The Lull Before the Storm

Over the last several months, gold and silver have faced strong tailwinds due to market expectations that the Fed would tighten monetary policy sooner rather than later to fight price inflation. But after April’s hotter than expected CPI, that sentiment…

The Big Pivot? SchiffGold Friday Gold Wrap 05.21.21

The Big Pivot? SchiffGold Friday Gold Wrap 05.21.21

After last week’s hotter than expected CPI data, gold sold off, following a pattern we’ve seen over the last few months. But in the last week, gold has rallied, knocking on the door of $1,900. In fact, there has been…

Surprise! Not! SchiffGold Friday Gold Wrap 05.14.21

Surprise! Not! SchiffGold Friday Gold Wrap 05.14.21

CPI came in much hotter than expected. Fed Vice Chairman Richard Clarida actually said, “We were surprised by higher than expected inflation data.” But should we really be surprised by this? In this episode, Friday Gold Wrap host Mike Maharrey…

Yellin' at Yellen: SchiffGold Friday Gold Wrap 05.07.21

Yellin’ at Yellen: SchiffGold Friday Gold Wrap 05.07.21

Treasury Secretary Janet Yellen did a big flip-flop this week. Her comments and her subsequent attempt to walk them back were telling. She accidentally revealed the ugly truth about inflation and the central bank’s ability to deal with it. In…