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.…
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…
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…
Ask Mike Anything: SchiffGold Friday Gold Wrap 01.06.23
You have questions. Friday Gold Wrap host Mike Maharrey has answers. In this episode of the podcast, Mike answers questions submitted by listeners. He covers topics ranging from the American Silver Eagle shortage to the best states for sound money.…
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…
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…
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…
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…
Something’s Gonna Break! SchiffGold Friday Gold Wrap 10.07.22
Last week, the Bank of England threw in the towel on its inflation fight and launched a quantitative easing program. Why? Because something broke in the UK financial system. That led to a rally in stocks and precious metals this…
Feel the Pain! SchiffGold Friday Gold Wrap 09.23.22
The September Federal Reserve meeting wrapped up this week with another 75 basis point rate hike. And Fed Chairman Jerome Powell admitted that there is going to be some pain as the central bank continues to fight inflation. In this…
The Dirty Little Secret: SchiffGold Friday Gold Wrap 09.16.22
We got the August CPI data this week and it came in hotter than expected. Stocks suffered a big selloff. Everybody is betting on the Fed to get even more aggressive in its inflation fight. In this episode of the…
The Calm Before the Storm: SchiffGold Friday Gold Wrap 09.09.22
This week was the calm before the storm that will begin next week with the August CPI data and continue with the September FOMC meeting the following week. Friday Gold Wrap host Mike Maharrey takes advantage of the lull to…
Hello Fed! Welcome to Reality! SchiffGold Friday Gold Wrap 09.02.22
The Kansas City Federal Reserve Bank published a rather surprising paper that swerves into the truth – the Fed can’t win this inflation fight. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about the paper.…
Brain Dump: SchiffGold Friday Gold Wrap 08.19.22
It was a relatively slow news week in the financial realm. For once, the Fed didn’t do anything particularly noteworthy. So, Friday Gold Wrap Host took advantage of the lull. Along with covering some economic data and media spin, he…