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…
Black unemployment setback shows Fed’s challenges targeting ‘broad and inclusive’ job growth
Black unemployment setback shows Fed’s challenges targeting ‘broad and inclusive’ job growth
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…
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…
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…
When Doves Cry: SchiffGold Friday Gold Wrap 04.09.21
Gold hit its highest price in five weeks after the release of the March Federal Reserve meeting minutes and comments by Jerome Powell both reiterated the central bank’s dovish position. In this episode of the Friday Gold Wrap podcast, host…