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

Mar 22, 2024Finance, No picture0

brass metal frameImage Source: UnsplashJD and Joel discuss this week’s Fed announcement. It caused new all-time highs in gold, but all of this 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.”

    Video Length: 00:10:39More By This Author:The BLM’s Quiet War On Precious Metals
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    PIMCO: The Fed Needs More Unemployment

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