Gold Reaches New All-Time High: SchiffGold Friday Gold Wrap March, 8, 2024

  by SchiffGold  0   2

JD and Joel discuss the new all-time highs in gold, Peter’s recent podcast, the Fed’s next move, and why silver has become an especially good deal.


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 latest 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.”


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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