Fissures in The Economy: Schiffgold Friday Gold Wrap 07.21.23

Janet Yellen recently said she doesn't think the US economy will slip into a recession. Friday Gold Wrap host Mike Maharrey explains why he doesn't think we should put a lot of stock on Janet's prognostications, and he goes on to point out some major fissures in the economy and financial system that are opening up under the surface. You can visit the show notes page here: https://bit.ly/3pWklfB 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. -No Recession! Janet Yellen says so. -Gold hits 2-month high -Leading economic indicators drop again -Major default reveals cracks in the commercial real estate market -Massive Bank of America paper losses reveal financial crisis is still simmering -Jerome Powell is no Captain Sully