Thursday , May 19 2022
Home / Tag Archives: Precious Metals

Tag Archives: Precious Metals

The Crossroads Is Looming! SchiffGold Friday Gold Wrap May 6, 2022

The Fed hiked rates 0.5% this week in an effort to stem the inflation tide. But the economy already looks shaky and the central bank has barely started this inflation fight. Friday Gold Wrap host Mike Maharrey breaks down the messaging that came out of the Fed meeting and concludes the central bank is getting closer and closer to a crossroads. What will the central bank do? And what will it mean for the economy?The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the...

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“The Economy Is Strong!” and Other Myths and Rumors: SchiffGold Friday Gold Wrap April 29

Jerome Powell and other policymakers at the Fed keep telling us they can raise interest rates and slay the inflation dragon because the economy is strong. But these central bankers have a long history of being wrong. And as host Mike Maharrey explains in this episode of the Friday Gold Wrap podcast, the recent GDP numbers undercut this latest Fed narrative. He also talks about a startling confession from the IMF director and Q1 gold demand.The SchiffGold Friday Gold Wrap podcast combines...

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Government Wrecks Everything It Touches! SchiffGold Friday Gold Wrap Sept. 10

The government is always promising to fix things. It has policies to fix the economy, fix foreign countries, and even fix the pandemic. But as Friday Gold Wrap podcast host Mike Maharrey explains in this episode, instead of fixing things, the government wrecks pretty much everything it touches. The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes and Stitcher.Tune...

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Traders Fear Tapering By The Fed…

A Pfennig For Your Thoughts August 19, 2021 * The dollar continues to get bought…  * Why on earth are the metals getting sold like funnel cakes at a State Fair? Good Day… And Tub Thumpin’ Thursday to you! I’m going to leave all the Tub Thumpin’ to you dear readers, for I’m still working though weakness and foggy brain… I want to take a minute here to tell you about a dear reader, Jim M., that sent me a copy of a letter from the Pan Mass Challenge, that supports the Dana-Farber Cancer...

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What Lies Will CPI Hold Today?

A Pfennig For Your Thoughts June 10, 2021 * Currencies & metals lose ground on Wednesday* Bill Bonner & Mohammed El-Erian join us for a discussion of inflation!  Good Day… And a Tub Thumpin’ Thursday to one and all! Well, after a week of frustrating losses for my beloved Cardinals they finally won a game last night to stop their losing streak at 6… Now they head to a weekend series with the Cubs… who are red hot! OK… Well, today is the birthday of my good friend Mike Kettler, who...

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Who Wants Gold? SchiffGold Friday Gold Wrap April 23, 2021

There’s been some chatter in the financial media about the decline of the gold market. Gold is a relic of the past and crypto will replace it as the go-to safe haven and inflation hedge, according to some. But as host Mike Maharrey explains in this episode of the Friday Gold Wrap podcast, the demise of the gold market is greatly exaggerated. A lot of people still want gold. Mike also touches on the national debt in this episode. It’s even worse than most people think.The SchiffGold Friday...

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When Doves Cry: SchiffGold Friday Gold Wrap April 9, 2021

Gold hit its highest price in five weeks after the release of the March Federal Reserve meeting minutes and comments by Jerome Powell both reiterated the central bank’s dovish position. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about the Fed’s dovish cry and how this could play out. He also discusses a strange dichotomy in the unemployment numbers.The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled...

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Precious Metals Miners Setting Up For A Breakout Rally. Wait for Confirmation

Precious Metals have continued to slide sideways as the US stock markets have rallied into the FOMC meeting last week.  Not by coincidence, metals have continued to base/bottom near recent lows as concerns about the global debt/credit markets, central banks, and precious metal supplies continue to linger.  The US Fed indicated it will do whatever is necessary to support the recovering economy.  The question my research team asks in relation to the basis for a move in metals/miners is “do the...

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At Some Point You Gotta Pay the Piper: SchiffGold Friday Gold Wrap March 26, 2021

Every time the economy gets into trouble, governments and central banks react the same way. They slash interest rates and loosen monetary policy.  This gooses the economy — temporarily. But when the next crisis comes, it takes an even bigger dose of extraordinary monetary policy to revive the economy. The Fed has pushed things into the future several times, but as Friday Gold Wrap host Mike Maharrey explains, at some point you’ve got to pay the piper. In this episode, he also discusses...

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Does Anybody Really Believe the Fed? SchiffGold Friday Gold Wrap March 19, 2021

The Federal Reserve held its March FOMC meeting this week. There were no changes in monetary policy, but there was plenty of talk. The question is does anybody really believe what the Fed is saying? SchiffGold Friday Gold Wrap podcast says the mainstream doesn’t seem to believe the Fed. And he doesn’t either. But for very different reasons.The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You...

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