In this week's Friday Gold Wrap Podcast, JD and Joel discuss why gold is up today, "doom spending," and other market and precious metals news.

OTHER TOPICS DISCUSSED

-Silver, the dollar index, and the VIX

-Lowering premiums for physical precious metals

-Failing Social Security trust funds

-December's better-than-expected retail sales figures

-Debt-saddled "doom spenders"

-Wisdom from Ludwig von Mises

-The week ahead

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.

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. For more information visit schiffgold.com/news.

In this week's Friday Gold Wrap Podcast, JD and Joel discuss recent gold price action and market news. They also cover last Friday's non-farm payroll numbers, the strike on Houthi rebels, and the SEC's fumble with Bitcoin ETFs.

OTHER TOPICS DISCUSSED

- Why gold is up today

- Joseph Brown on dramatic declines in US tax revenue

(https://www.youtube.com/watch?v=QcDeHaqHMPQ)

- Mainstream vs. Austrian definition of inflation

- What to look out for next week

- How JD and Joel are doing with their New Year's resolutions

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.

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. For more information visit schiffgold.com/news.

At the start of a new year, we're excited to announce new co-hosts to the Friday Gold Wrap Podcast: JD and Joel Bauman. In this episode, JD and Joel discuss recent gold price action and key factors affecting gold in 2024 such as interest rates and global elections.

You can visit the show notes page here: https://schiffgold.com/friday-gold-wrap

TOPICS DISCUSSED

- How Joel and JD learned about Peter Schiff

- 2023 recap: A good year for gold?

- Interest rates in 2024

- Free money necessary for true freedom

- Our New Year's resolutions

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. For more information visit schiffgold.com/news.

We've reached the end of another year. A new year is always a good time for reflection. And maybe even some resolutions. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about the trajectory of gold as we enter the new year, explains an economic truth, offers some thoughts on New Year's resolutions, and makes a big announcement.

You can visit the show notes page here: https://bit.ly/3NIosER

- Dollar weakness boosting gold

- Gold's roller-coaster ride

- Banks aren't as sound as advertised

- January historically good for gold

- The minimum wage is always zero

- It's time for New Year's Resolutions -- or is it?

- The End

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. For more information visit https://schiffgold.com/news.

US stocks surged with the promise of interest rate cuts. Then stocks tanked when some Fed officials tried to walk that promise back. Then they surged again when some weak economic data put rate cuts back on the table. As Friday Gold Wrap host Mike Maharrey put it, easy money is one heck of a drug! In this episode, he explains the impact of easy money on the economy and the markets, and he speculates about the future.

Visit the show notes page here: https://bit.ly/3RSMUpu

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. For more information visit https://schiffgold.com/news.

TOPICS DISCUSSED

- If I could print money

- The world is buried in debt

- The impact of high interest rates

- The Fed walks the dove back

- Stocks rally

- Stocks tank with an outside reversal

- Stocks rally again

- Bank bailout program borrowing surges again

Two weeks ago, Federal Reserve Chairman Jerome Powell said it would be "premature" to conclude that monetary policy is sufficiently restrictive. This week, the Fed indicated rate cuts are on tap for next year. What a difference two weeks makes! In this episode of the Friday Gold Wrap, host Mike Maharrey breaks down this week's Fed meeting and the status of the inflation fight.

You can visit the show notes page here: https://bit.ly/3NqkzUI

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. For more information visit https://schiffgold.com/news.

TOPICS DISCUSSED

- Jerome Powell's big flip-flop

- Fed signals rate cuts next year

- A so-so CPI report with a lot of hype

- Are financial conditions really tight?

- The Fed didn't win; it surrendered

- Why did the Fed pivot?

- Fed pivot jumpstarts gold rally

It's not a good idea to argue about things you don't know anything about. Most people realize this -- until it comes to economics. A lot of people argue economics from a position of ignorance. President Biden is one of those people. In this episode of the Friday Gold Wrap, host Mike Maharrey dissects a couple of comments Biden made last week and teaches some economics along the way. He also talks about the significance of gold's record-breaking week.

Visit the show notes page here: https://bit.ly/488rMAN

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. For more information visit schiffgold.com/news.

TOPICS DISCUSSED

- Stay in your lane, bro

- Gold sets new record

- Gold sells off but holds $2,000 support

- Central banks still buying gold

- Greedy corporations cause inflation?

- Tax billionaires will solve all our problems?

Imagine a bedroom. It looks clean and safe, but there is a monster under the bed that nobody notices. As host Mike Maharrey explains in this episode of the Friday Gold Wrap, that's basically the condition of the US banking system right now. It appears "sound," but a closer look reveals a financial crisis is still bubbling under the surface. He also talks about the recent run-up in the price of gold.

You can visit the show notes page here: https://bit.ly/47SiWXG

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. For more information visit https://schiffgold.com/news.

TOPICS DISCUSSED

- A monster under your bed

- Gold holds above $2,000

- Deutsche Bank predicts bigger Fed rate cuts in 2024

- US Banks suffer big unrealized losses in Q3

- Balances in the Fed's bank bailout program suddenly spiked in November

Did you know Thanksgiving almost didn't happen thanks to the Pilgrims' experiment with socialism? It didn't work. Fortunately, they figured out some economic truths and the rest is history. In this episode of the Friday Gold Wrap, host Mike Maharrey tells the Thanksgiving story you almost certainly didn't hear in school. He also explains why today is called Black Friday.

You can visit the show notes page here: https://bit.ly/3QWwafp

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. For more information visit https://schiffgold.com/news.

TOPICS DISCUSSED

- Why is this "Black" Friday?

- Gold takes another run at $2,000

- The shrinkflation problem

- The CPI formula is messed up

- How socialism nearly killed the Pilgrims

Everybody seems convinced that the Federal Reserve has won the inflation fight, there will be no more rate hikes, and rate cuts are right around the corner. But as Friday Gold Wrap host Mike Maharrey reminds us, it's not over until the fat lady sings. And she hasn't sung a note. In this episode, he breaks down the latest CPI data and explains why the victory dance might be premature.

You can visit the show notes page here: https://bit.ly/49Jm1Lu

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. For more information visit https://schiffgold.com/news.

TOPICS DISCUSSED

- CPI comes in slightly cooler than expected

- The market's gleeful reaction to the CPI data

- Three reasons the war on inflation victory dance might be premature

- The US government kicks off fiscal 2024 with another big deficit

- Interest was the second-biggest expense for the federal government last month