The economy is strong. The American consumer is resilient. Everything is great. At least that’s the mainstream narrative. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey explains why it’s all just an illusion of prosperity. Along the way, he covers the September retail sales data, Federal Reserve Chairman Jerome Powell’s speech this week, and the recent gold rally.
The illusion of prosperity
Retail sales surprise to the upside
Increasing retail sales doesn’t necessarily mean what the mainstream says it means
Jerome Powell channels his inner hawk
Global debt shoots through the roof
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.
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.
You Can Also Listen on SoundCloud
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Peter Schiff: Gold Rallies on Worse-Than-Expected Inflation News
Global Debt at Record Levels and the Free Lunch Is Over
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