Things Happen Slowly and Then All At Once: SchiffGold Friday Gold Wrap 06.30.23

There was a lot of economic data this month that seems to signal a strong economy. Does it though? Is everything really fine? In this episode of the Friday Gold Wrap, host Mike Maharrey digs deeper into the data and reveals a less sanguine reality. He also explains the inner workings of the spot price for gold, how it's determined, and the factors that influence it. You can visit the show notes page here: https://bit.ly/3Pzi3gP 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 -"Strong" economic data isn't so strong -Fed paper admits rate hikes could "hammer" economy -Things happen slowly and then all of a sudden -What is the spot price and how is it determined -Factors influencing the spot price -Market manipulation?