Fed Speaks, Inflation Spikes: SchiffGold Friday Gold Wrap March, 22, 2024

  by SchiffGold  0   2

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.


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. 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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