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Tag Archives: Friday Gold Wrap

An Express Elevator Ride Up: SchiffGold Friday Gold Wrap Aug. 7, 2020

Last week, gold broke its all-time record. This week, the express elevator kept going right up taking both gold and silver with it. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about gold’s push above $2,000 an ounce and silver’s even bigger gains. He also talks about the dynamics driving precious metals higher and why he doesn’t think we’re anywhere near the top floor. The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious...

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Record Gold! SchiffGold Friday Gold Wrap July 31, 2020

Gold broke its all-time price record on Monday and has held above that level through the week. What is this telling us? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about the record-breaking week and what’s driving it. He also speculates about where we may go from here. Along the way, he gives an overview of this week’s Federal Reserve meeting and highlights some perspectives coming out of the mainstream.The SchiffGold Friday Gold Wrap podcast combines a...

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Not If But When: SchiffGold Friday Gold Wrap July 24, 2020

Gold is knocking on the door of its all-time record price. At this point, it’s not a matter of if gold will break its record but when. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about the dynamics that are driving both gold and silver higher and explains why he thinks gold has a long way to run even after it breaks the record. He also highlights some more economic data that undermines the “quick recovery” narrative.The SchiffGold Friday Gold Wrap podcast...

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Gold – The Anti-Bubble: SchiffGold Friday Gold Wrap July 17, 2020

Despite a resurgence in coronavirus in the US, most people still seem pretty optimistic about economic prospects. Stronger than expected retail sales last month boosted confidence. Most people seem to think if we can just conquer the virus, the economy will be fine. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey takes a deeper look at the underlying economic dynamics and the government response to COVID-19. He argues that we’re still living in a bubble economy and we...

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Gold Surges Past $1,800: SchiffGold Friday Gold Wrap Podcast July 10

Gold surged passed another key level this week, breaking above $1,800 an ounce for the first time since 2011. And the yellow metal is pulling silver up along with it. What’s driving precious metals higher? And can we expect this bull run to continue? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey takes a close look at both the gold and silver markets – what’s driving them and where they might be heading next, and why this is different than 2011. He also touches on the...

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Gold’s Long Bull Run: SchiffGold Friday Gold Wrap Podcast July 3, 2020

Gold just finished Q2 at its highest level in over 8 years, wrapping up its best quarter since 2016. The Fed monetary policy in response to the coronavirus pandemic has put a strong tailwind behind gold. But as host Mike Maharrey details in this week’s Friday Gold Wrap podcast, gold has been on a bull run for quite some time – long before COVID-19 reared its ugly head. Why? And what might this tell us about what’s ahead?The SchiffGold Friday Gold Wrap podcast combines a succinct summary of...

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Going Mainstream: Friday Gold Wrap Podcast June 26, 2020

Gold staged a solid rally and finally broke above a key resistance level this week. The yellow metal hit an 8-year high on Wednesday and continues to hold above $1,750 an ounce. Meanwhile, we’re suddenly starting to see some mainstream bullishness for gold. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about the economic dynamics in play and highlights some of the mainstream attention suddenly being showered on the yellow metal.The SchiffGold Friday Gold Wrap...

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The Fed’s Thumb Is on the Scale: SchiffGold Friday Gold Wrap Podcast June 19

Jerome Powell ventured to Capitol Hill – virtually – to talk to Congress this week. Powell did what he does best – blew a lot of smoke. Meanwhile, the central bank upped its stimulus ante yet again. In this episode of the Friday Gold Wrap podcast, host Mike Maharry talks about the impact the Fed is having on the economy, along with the news of the week in the gold market.The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with...

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What Can’t Go On Forever Doesn’t: SchiffGold Friday Gold Wrap June 12, 2020

The Federal Reserve met this week and promised to keep pumping out monetary stimulus indefinitely. Meanwhile, the US government added another trillion dollars to the national debt in just 35 days even as the president and congressional leaders talk about more fiscal stimulus. In this week’s Friday Gold Wrap podcast, host Mike Maharrey talks about the ramifications of all this endless stimulus and reminds us that what can’t go on forever, doesn’t. He also covers the week’s ups and downs in...

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Stock Market Bubble X.0: SchiffGold Friday Gold Wrap June 5, 2020

The economy has gone through the quickest and arguably the deepest collapse in history, but the stock market has been rallying. How can this be? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey says look no further than the Federal Reserve. Despite the economic chaos, it has managed to blow up stock market bubble X.0 He also talks about a move China recently made that ups the ante in the “war on cash.”The SchiffGold Friday Gold Wrap podcast combines a succinct summary of...

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