A Byte-sized Bubble? SchiffGold Friday Gold Wrap February, 23, 2024

  by SchiffGold  0   2

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?


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.


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.

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The above references an opinion and is for information purposes only. It is not intended to be investment advice.

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