This Is What Losing Looks Like: SchiffGold Friday Gold Wrap 10.14.22

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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 Maharrey breaks down the CPI data in the context of the Fed’s inflation fight and concludes “this is what losing looks like.”

Topics Covered

The CPI Data
Producer price data
The Fed did too little too late
The recession question
Market reaction to the CPI

You can visit the show notes page here:

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.

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