Fed Speaks, Inflation Spikes: SchiffGold Friday Gold Wrap 3.22.2024

SchiffGold Friday Gold Wrap Podcast

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