SchiffGold Friday Gold Wrap Podcast

Joel and JD unravel the shocking economic turmoil of the week, spotlighting the catastrophic collapse of Republic First Bank, alarming jobs data, and Powell's foreboding speech. With the Fed confessing anxiety about inflation and pulling rate cuts off the path, it's now clear: we're in dangerous territory with no guard rails in sight! OTHER TOPICS DISCUSSED -Gold is trading at $2,302 (down $35 since this time last week) -Silver is trading at $25.60 (down about $0.65 on the week) -Economy adds 175,000 jobs in April (25,000 less than expected) -Unemployment rises to 3.9% Quote of the week from Ron Paul: If people think the gold price up and down is a reflection of something wrong with gold, no - I say it is something wrong with the dollar. The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

JD and Joel unpack Peter's latest podcast and the economy's current path toward stagflation. We look at this week's price action, macroeconomic data, dragons, Jordan Peterson and gold. OTHER TOPICS DISCUSSED -Gold is trading at $2,337 (up $55 since this time last week) -Silver is trading at $27.20 (down about 5% on the week) -CME Fedwatch tool slates the Fed to lower rates first in November -Q1 GDP came out at just 1.6% (versus the expected 2.2%) -Core PCE (year-over-year) came out higher than expected at 2.8% Quote of the week from Jordan Peterson: If you run from the things you are afraid of, you run from exactly what you need to find. Dragons hoard gold because the thing you most need is always to be found where you least want to look. The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

JD and Joel interview Dr. Charles Steele, Chairman of Economics, Business, and Accounting, at Hillsdale College. We discuss national debt, dollar default, Austrian economics, Von Mises, green energy bills, and space economics. OTHER TOPICS DISCUSSED -Gold is trading at $2,392 (up $57 since this time last week) -Silver is trading at $28.66 (up about 3% on the week) -Powell admits "lack of further progress" with inflation -S&P 500 down 3% since this time last week -NY Manufacturing down for the fifth straight month The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

JD and Joel discuss gold's underrated new all-time high, silver nearing $30 per oz, higher-than-expected inflation, the Fed's response, and why buyers today can expect to pay lower premiums. OTHER TOPICS DISCUSSED -Gold is trading at $2,335 (about the same as last week) -Silver is trading at $27.91 (up about 2% on the week) -CPI inflation data comes out at 3.5% year-on-year (exceeding the expected 3.2%) -UMichigan Survey shows consumers gloomier than expected (77.9 vs. expected 79.3) -Why waiting for lower spot prices might mean higher premiums Quote from Ron Paul: "When monetary policy destroys the currency, it always destroys the middle class.” The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

JD and Joel discuss gold's new record high and silver's tear upwards, an earthquake in NYC, headline jobs numbers, and Peter's most recent podcast. OTHER TOPICS DISCUSSED -Gold is trading at $2,329 (up $100 on the week) -Silver is trading at $27.46 (up about 10% on the week) -Fed governor Adriana Kugler's dovish comments push gold above $2300) -Nonfarm payrolls come in above expectations (303,000 vs. 200,000) -The recent spike in commodities -Peter Schiff's recent podcast -Alan Greenspan's affinity for Rothbard Quote from Murray Rothbard: It is easy to be conspicuously 'compassionate' if others are being forced to pay the cost.” The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

JD and Joel discuss gold's breakout past the $2,200 resistance level. Higher prices are driven by a dovish Fed, weakness in the dollar, and poor economic data. This week they also discuss Peter's most recent appearance. OTHER TOPICS DISCUSSED -Gold is trading at $2,233 (up $78 or about 3.5% on the week). -Silver is trading at $24.79 (up $0.31 or over 1% on the week). -Consumer confidence dips on popular pessimism about US -economic future -PCE inflation comes in at around expectations (0.3% vs. 0.4% expected) -The dollar has lost a fifth of its value in just four years. -DOJ Lawsuit against Apple -Francis Scott Key Bridge disaster -Peter Schiff's appearance on Anthony Scaramucci’s Show Quote from the Book of Proverbs: A false balance is an abomination to the Lord: but a just weight is his delight.” TOP ARTICLES THIS WEEK -What the Baltimore Bridge Disaster Could Mean for The Economy -Piketty's Inequality Con -Money Supply Dips For First Time Since November -New Peter Schiff Interview: We're Paying the Price for Deficits -Dollar Down 20% Since 2020, Biden Blames Greed -CFTC CoTs Report: Managed Money Still Driving Prices 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. For more information visit schiffgold.com/news. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

JD and Joel discuss this week's Fed announcement. It caused new all-time highs in gold, but this all but confirms a coming inflation bloodbath. We also discuss ways the dollar can stay "strong" even amid high inflation. OTHER TOPICS DISCUSSED -Gold is trading at $2165 (up $11 or about 1% on the week). -Silver is trading at $24.66 (up $0.51 or 2% on the week). -Fed doubles down on 3 interest rate cuts in 2024. -Existing home sales in Feb. reach 4.38 million (versus the expected 3.95 million). -U.S. Leading economic indicators better-than-expected at 0.1 (versus -0.1%). -Peter Schiff's latest podcast. Quote from Jeffrey Tucker: “Freedom is the foundation for all wonderful things in life.” The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. 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. For more information visit schiffgold.com/news. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

JD and Joel discuss hotter-than-expected inflation data, Peter's recent podcast, TikTok, Twitter, and price action. OTHER TOPICS DISCUSSED -Gold is trading at $2155 (down $23 or about 1% on the week). -Silver is trading at $25.17 (up $0.87 or 3.5% on the week). -Q4 GDP grew $334 billion as national debt grew $834 billion, more than twice as much. -US House passes bill banning Tiktok unless it is sold. -Michael Saylor's wild Bitcoin speculation. -Peter Schiff reaches 1 million Twitter followers. -Peter Schiff's latest podcast. -Quote from Hayek: The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design." The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. 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. For more information visit schiffgold.com/news. SchiffGold on Instagram: https://www.instagram.com/schiffgoldnews SchiffGold on Twitter: https://twitter.com/SchiffGold SchiffGold on Facebook: https://www.facebook.com/schiffgold SchiffGold's website: https://www.schiffgold.com

JD and Joel discuss the new all-time highs in gold, Peter's recent podcast, the Fed's next move, and why silver is an especially good deal. OTHER TOPICS DISCUSSED -Gold is trading at $2178 (up $126 on the week) -Silver is trading at $24.30 (up $1.65 on the week) -Last Friday's Fed policy reports warned of risks to the financial sector -Nonfarm payrolls rose 275,000 for the month topping the forecast of 198,000 -CME Fedwatch tool shows significantly increasing expectations of lower interest rates -Peter Schiff's Podcast Quote from Noam Chomsky: The smart way to keep people passive and obedient is to strictly limit the spectrum of acceptable opinion, but allow very lively debate within that spectrum." SchiffGold on Instagram: https://www.instagram.com/schiffgoldnews/ SchiffGold on Twitter: https://twitter.com/SchiffGold SchiffGold on Facebook: https://www.facebook.com/schiffgold SchiffGold's website: https://schiffgold.com/

JD and Joel discuss Peter's take on the recent bitcoin craze driven by ETF demand. Is there a limit to Bitcoin's upside? Plus, what's driving higher gold prices this week? OTHER NEWS -Breaking news: Oil tops $80 per barrel -UMichigan survey shows consumers feel gloomy about economy, pushing gold up. -Gold is trading at $2070 (up $42 on the week) -Silver is trading at $22.65 (down $0.14 on the week) -Dallas Fed Manufacturing February reads -11.3 -Peter Schiff's latest podcast -The week ahead Quote from Milton Friedman: "Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless." SchiffGold on Instagram: https://www.instagram.com/schiffgoldnews/ SchiffGold on Twitter: https://twitter.com/SchiffGold SchiffGold on Facebook: https://www.facebook.com/schiffgold/ SchiffGold's website: https://schiffgold.com/

JD and Joel discuss Peter's take on the record-breaking highs in stocks, driven by chip company NVIDIA's $277 billion Thursday rally. Is there a stock bubble driven by AI hype and low-interest rates? How might the Fed respond and what does this mean for gold? OTHER TOPICS DISCUSSED -Gold is trading at $2028 (up $28 on the week) -Silver is trading at $22.79 (down $0.04 on the week) -CME Fedwatch shows 97.5% of investors expect unchanged interest rates in March -Peter Schiff's latest podcast -What makes stock-picking riskier than ever -Wisdom from Charlie Munger -The week ahead Quote from Munger: "People calculate too much and think too little." 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. For more information visit schiffgold.com/news. SchiffGold on Twitter: https://twitter.com/SchiffGold SchiffGold on Facebook: https://www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

Here is why gold is down this week, Peter Schiff's best takes on Biden's Super Bowl shrinkflation ad and Joel's thoughts on "the best time" to sell gold. OTHER TOPICS DISCUSSED -Gold traded Friday morning at $2,000/ounce (-$27 weekly) -Silver traded Friday morning at $22.83/ounce (+$0.25 weekly) -January inflation comes in at 0.3% or an annualized rate of 3.7% -US producer prices (PPI) rise the most in 5 months -What Biden gets backward about inflation and shrinkflation -The week ahead: Quote from Frederic Bastiat: "Everyone wants to live at the expense of the state. They forget that the state wants to live at the expense of everyone." 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. For more information visit schiffgold.com/news.

In this week's Friday Gold Wrap Podcast, JD and Joel discuss why gold is down this week, Powell's comments on 60 Minutes about the debt, and some Valentine's Day thoughts inspired by Austrian economist Carl Menger. OTHER TOPICS DISCUSSED -The VIX "Fear Index" and how it's measured -Gold and silver technicals -What makes Powell different from past Fed chairmen -Debt monetization -Gold vs. diamonds -Record central bank gold buying -The week ahead 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. For more information visit schiffgold.com/news.

In this week's Friday Gold Wrap Podcast, JD and Joel discuss why gold is down today, why the Fed's game could replay 2008, and other market and precious metals news. OTHER TOPICS DISCUSSED -January jobs number at 353k vs. 180k expected -Leading Economic Indicators (LEI) negative past 20 months -Disastrous manufacturing data from the Dallas Fed, Philly Fed, and other -Georgia, Kentucky, Wisconsin, and Kansas consider dropping precious metals tax -The week ahead -Quote from Hayek: The more the state “plans” the more difficult planning becomes for the individual." 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. For more information visit schiffgold.com/news.

In this week's Friday Gold Wrap Podcast, JD and Joel discuss why gold is down this week, soaring tech stocks and plummeting gold stocks, and other market and precious metals news. OTHER TOPICS DISCUSSED • Tech stocks push indices to all-time highs • Q4 2023 GDP rose higher than expected • Gold holds steady as gold stocks get crushed • Fool's gold (Bitcoin) dips below $40k • US manufacturing enters the dark ages with contraction in 18 of 20 previous months • Trump dominates in Iowa and New Hampshire • The week ahead • Quote from Hayek: The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. 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. For more information visit schiffgold.com/news.

In this week's Friday Gold Wrap Podcast, JD and Joel discuss why gold is up today, "doom spending," and other market and precious metals news. OTHER TOPICS DISCUSSED -Silver, the dollar index, and the VIX -Lowering premiums for physical precious metals -Failing Social Security trust funds -December's better-than-expected retail sales figures -Debt-saddled "doom spenders" -Wisdom from Ludwig von Mises -The week ahead The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. 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. For more information visit schiffgold.com/news.

In this week's Friday Gold Wrap Podcast, JD and Joel discuss recent gold price action and market news. They also cover last Friday's non-farm payroll numbers, the strike on Houthi rebels, and the SEC's fumble with Bitcoin ETFs. OTHER TOPICS DISCUSSED - Why gold is up today - Joseph Brown on dramatic declines in US tax revenue (https://www.youtube.com/watch?v=QcDeHaqHMPQ) - Mainstream vs. Austrian definition of inflation - What to look out for next week - How JD and Joel are doing with their New Year's resolutions The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. 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. For more information visit schiffgold.com/news.

At the start of a new year, we're excited to announce new co-hosts to the Friday Gold Wrap Podcast: JD and Joel Bauman. In this episode, JD and Joel discuss recent gold price action and key factors affecting gold in 2024 such as interest rates and global elections. You can visit the show notes page here: https://schiffgold.com/friday-gold-wrap TOPICS DISCUSSED - How Joel and JD learned about Peter Schiff - 2023 recap: A good year for gold? - Interest rates in 2024 - Free money necessary for true freedom - Our New Year's resolutions 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. For more information visit schiffgold.com/news.

We've reached the end of another year. A new year is always a good time for reflection. And maybe even some resolutions. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about the trajectory of gold as we enter the new year, explains an economic truth, offers some thoughts on New Year's resolutions, and makes a big announcement. You can visit the show notes page here: https://bit.ly/3NIosER - Dollar weakness boosting gold - Gold's roller-coaster ride - Banks aren't as sound as advertised - January historically good for gold - The minimum wage is always zero - It's time for New Year's Resolutions -- or is it? - The End 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. For more information visit https://schiffgold.com/news.

US stocks surged with the promise of interest rate cuts. Then stocks tanked when some Fed officials tried to walk that promise back. Then they surged again when some weak economic data put rate cuts back on the table. As Friday Gold Wrap host Mike Maharrey put it, easy money is one heck of a drug! In this episode, he explains the impact of easy money on the economy and the markets, and he speculates about the future. Visit the show notes page here: https://bit.ly/3RSMUpu 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. For more information visit https://schiffgold.com/news. TOPICS DISCUSSED - If I could print money - The world is buried in debt - The impact of high interest rates - The Fed walks the dove back - Stocks rally - Stocks tank with an outside reversal - Stocks rally again - Bank bailout program borrowing surges again