SchiffGold Friday Gold Wrap Podcast

PODCAST · news

SchiffGold Friday Gold Wrap Podcast

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news with some thoughtful commentary. For more, visit schiffgold.com/news/

  1. 371

    Gold at $4600, Dollar Crashing Below 98, Trump’s 25% EU Car Tariffs & Bitcoin vs. Saylor

    The dollar erased every war gain, oil's back above $102, yields are at 4.5%, and mining stocks just gave you the buying opportunity of the year. Gold settled the week at $4,612 with silver at $75.33, both drifting lower as investor attention shifted to record-high stock indexes. Mining stocks took the hardest hit with GDX down 6.25% — a buying opportunity Peter Schiff says is being created by the same complacency that preceded every major gold breakout. The dollar index fell to 97.7, erasing every penny gained since the Iran war began — a historically weak bounce for a supposed safe haven currency. Oil climbed back above $102 while 30-year Treasury yields touched 4.5%, recreating the exact conditions that forced Trump to reverse Liberation Day tariffs. Schiff revisits Powell's claim of 40 years of controlled inflation, breaking it down decade by decade to show average CPI of 5.5% in the '80s, 3% in the '90s, and 2.6% in the 2000s — with only the post-crisis 2010s near the 2% target. He also highlights the Bitcoin conference where last year's darling Nakamoto is down 99% between conferences, while this year's pitch of "digital credit" is even worse than subprime.

  2. 370

    CPI Hits 3.3%, Consumer Sentiment Hits Record Low - Stagflation Is Here

    CPI triples to 0.9%, consumer sentiment hits an all-time low, and the Fed is quietly running QE — stagflation isn't coming, it's here. Gold ended the week at $4,745 with silver at $75.76 and mining stocks up 5%, all buoyed by the Taco Tuesday ceasefire that sent markets surging mid-week. Peter Schiff argues the ceasefire is a win for Iran and that Trump was looking for a way out of threats he could never carry out — but the real story is the inflation data. March CPI came in at 0.9% month-over-month, tripling February's reading and pushing year-over-year inflation to 3.3%. The Fed's balance sheet has quietly expanded by nearly $200 billion in 2026 — quantitative easing in everything but name. Q4 GDP was revised down to 0.5%, making 2025's full-year growth just 2.1% — lower than any year under Biden. Consumer sentiment plunged to 47.6, the lowest reading in the history of the survey. Schiff connects the dots: M2 money supply growing at 5%, a proposed 50% defense budget increase, and a Fed that will be forced to cut rates regardless of inflation all point to a stagflation environment where gold and silver are headed substantially higher.

  3. 369

    Gold & Silver Bottom, Bitcoin Cracks as War and Oil Spike Hit Markets

    Peter Schiff reviews a volatile week in markets, arguing gold and silver likely put in a bottom after briefly breaking prior lows and closing higher. He contrasts that with major stock indexes sliding deeper into correction territory, which he says could turn into a bear market if the war drags on. Schiff focuses on oil as the key driver, tying price spikes to bond selloffs, rising Treasury yields, and renewed inflation pressure. He criticizes shifting public messaging around the conflict and argues the economic and political costs will force an eventual endgame driven more by markets than diplomacy. Schiff also challenges the “Bitcoin as digital gold” narrative, pointing to Bitcoin’s weakness versus gold and warning of a sharper breakdown if key levels fail. He closes by framing larger deficits, money printing, and policy responses as structurally bullish for precious metals, while warning that higher yields and inflation could stress housing, stocks, and the dollar.

  4. 368

    Gold’s Worst Week Since 1983 Is Actually Bullish

    Peter Schiff explains why gold’s worst week since 1983 could be the best buying opportunity yet as inflation, war, and housing risks mount. Peter Schiff argues that the sharp collapse in gold and silver is being misread by traders who still believe hotter inflation and tougher Fed talk are bearish for precious metals. He says the real signal is the opposite: producer prices are reaccelerating, oil is surging because of the Iran war, the Fed is trapped, and real interest rates are set to fall as inflation outruns any politically tolerable rate response. He also links the selloff to a broader macro breakdown, including rising Treasury yields, a weakening labor market, an overvalued housing market, looming trouble for Fannie Mae and Freddie Mac, expanding war deficits, and renewed money printing ahead. Schiff’s view is that the current pullback in gold, silver, and mining stocks is not the end of the bull market, but a rare buying opportunity before stagflation, de-dollarization, and a deeper dollar crisis push precious metals much higher.

  5. 367

    War, Oil, and Inflation Are Setting Up Gold’s Next Surge

    Gold falls as war drives oil higher, but Peter Schiff says stagflation, deficits, and a weaker dollar are setting up gold’s next major surge. Peter Schiff explains why the latest pullback in gold, silver, and mining stocks is not a sign that the bull market is over, but a temporary reaction to rising oil prices, higher bond yields, and a stronger dollar. He argues that markets are focusing too narrowly on delayed Fed rate cuts while missing the bigger picture: war-driven deficits, stubborn inflation, a weakening economy, and mounting pressure on the Federal Reserve to eventually monetize even more debt. He also breaks down soft GDP growth, rising PCE inflation, weakness in housing, and what he sees as the widening gap between Trump’s economic claims and the underlying data. Schiff’s core thesis is that stagflation, war spending, and long-term dollar weakness remain strongly bullish for gold and silver, while the current selloff is creating another buying opportunity.

  6. 366

    Gold Fell on War News. Here’s Why That’s Bullish

    Peter discusses the Iran war, the market reaction in gold and silver, the plunge in mining stocks, the surge in oil, Bitcoin’s dead-cat bounce, weak jobs data, rising inflation risks, the coming recession, de-dollarization, and why he believes this selloff is an opportunity to buy, not a reason to panic.

  7. 365

    Gold EXPLODES to $5,278! Bitcoin CRASHES 27% While Precious Metals SOAR

    Gold just hit its highest monthly close ever at $5,278—up 21.5% in just two months—while Bitcoin crashes 27% and the stock market barely moves, proving precious metals are where the real money is flowing as central banks accelerate their de-dollarization strategy.

  8. 364

    Gold Just Issued a Warning the Fed Can’t Ignore

    Gold just broke above $5,100 — and almost no one is talking about it. While politicians argue over tariffs, the real story is accelerating stagflation. GDP growth collapsed from 4.4% to 1.4%. Core PCE inflation is rising again. The Fed is openly debating rate cuts while inflation runs 50% above target.

  9. 363

    Dow 50,000 Is a Mirage It’s Only 10 Ounces of Gold

    The Dow Jones just closed above 50,000 for the first time ever – but is that really something to celebrate? In this live Friday Gold Wrap, Peter Schiff explains why the Dow’s milestone is meaningless when measured in real terms. Priced in gold, the Dow has lost roughly 75% of its value since 1999. Inflation, not prosperity, is driving asset prices higher, masking a deep affordability crisis caused by government spending and monetary expansion.

  10. 362

    Gold & Silver Crash_ Why This Selloff Changes Nothing (Buy the Dip)

    Gold and silver just experienced one of the most violent paper selloffs in history—but does it actually change the bull market? In this special Sunday night edition of the Schiff Gold Market Wrap, Peter Schiff explains why this crash was driven by coordinated futures selling, not fundamentals, and why it represents an opportunity rather than a turning point.

  11. 361

    Precious Metals Start 2026 With Strong Gains

    In this Schiff Gold Friday Market Wrap, Peter Schiff breaks down the explosive start to 2026 for precious metals after a historic 2025: gold surged, silver and platinum ripped higher, and mining stocks finally confirmed the bull market by outperforming the metals. Peter explains why this is no longer “just a gold story,” why silver’s breakout likely reset support far above the old $50 ceiling, and why miners still look cheap despite massive gains.

  12. 360

    Silver’s $100 Breakout Wasn’t Resistance. It Was a Speed Bump

    Silver just did the unthinkable: it blew through $100 and closed around $102.50—an all-time record high. Gold is right behind it near $4,980, and Peter Schiff expects the $5,000 level to break soon (possibly Sunday night when global markets open).

  13. 359

    Strong Fundamentals and Technicals Send Gold and Silver to Record Highs

    Gold and silver just posted historic record highs, and Wall Street is still asleep. In this week’s Schiff Gold Friday Market Wrap, Peter Schiff breaks down the biggest one-day dollar rally in gold history, silver’s surge above $90 an ounce, and why recent volatility is consolidation at extreme highs — not a top.

  14. 358

    Silver Surges to Record Highs

    The Federal Reserve claims quantitative easing is over — but this week proved otherwise. In this SchiffGold Friday Market Wrap, Peter Schiff explains why the Fed’s new Treasury-buying program is QE in everything but name, and why this shift is already sending gold and silver sharply higher. Despite rate cuts, long-term yields are rising, the dollar is weakening, and inflation pressures are building again. Gold closed the week above $4,300, silver surged past $60, and mining stocks are now confirming the bull market. Meanwhile, Bitcoin continues to lag as real money takes center stage. Peter breaks down: Why the Fed had to restart QE Why bond yields are rising anyway Why inflation is not going back to 2% Why gold, silver, and miners are leading the next leg higher Why waiting for “the dip” is a mistake If you’re still sitting on the sidelines, this is the week that changed everything.

  15. 357

    Be Thankful Gold and Silver Keep Giving

    Peter Schiff presents his 'Friday Gold Market Wrap,' starting with a reflection on Thanksgiving and an unexpected but critical analysis of gold and silver markets. Despite intentions to skip the wrap, the dramatic movements in gold and silver prices warranted attention. Schiff highlights record highs in silver, mentioning silver's substantial year-to-date increase of 95% and anticipating it could reach $100 an ounce next year. Gold also showed significant gains, with predictions of surpassing $5,000 next year. Schiff affirms his long-term bullish stance on silver outperforming gold, urging investors to buy both metals. He also discusses the impressive performance of gold and silver mining stocks, which are now gaining traction over crypto investments. Emphasizing the bullish environment for precious metals, Schiff underscores the importance of purchasing gold and silver as strategic investments, particularly during the holiday season.

  16. 356

    Wall Street’s Favorite Trades Are Falling Apart While Gold Refuses to Break

    Peter Schiff says this week marks a major unraveling of risk assets. After Nvidia’s earnings spark a brief bump, tech, AI, and especially crypto collapse. Bitcoin plunges and crypto-linked stocks get wiped out, showing the bubble is deflating fast unless Trump bizarrely bails it out. Gold and silver stay firmly above key levels ($4,000 and $50) despite volatility, proving the bull market is intact. Schiff highlights Asian buying, a weakening yen carry trade, and the possibility of Japan dumping Treasuries—adding pressure to U.S. markets. He argues 2026 will bring huge institutional and retail rotation into gold, with central banks already leading the way. With crypto and tech breaking down, Schiff says the only bull market still standing is precious metals, and the move is just beginning.

  17. 355

    Risk-Off Rotation Tech & Crypto Decline, Gold & Silver Shine

    Wild week for precious metals: despite violent intraday swings, gold still closed up ~2.2% around $4,080 and silver up ~4.7% above $50—with silver briefly tagging $54+ overnight. The key: $4,000 is acting as gold’s new floor (just like $3,000 became the new $2,000), and $50 is emerging as support for silver. Meanwhile, risk is coming off across markets: NASDAQ down ~4–5%, Treasuries selling (yields up), and crypto cracked back below 100K. Capital is rotating toward real safe havens and cash-generating miners. In this wrap: Asian session buying vs U.S. session selling, why the biggest drops happen late-week, how Fed indecision + sticky inflation support metals, and why policy gimmicks (tariff “dividends,” selective tariff cuts, attacks on producers, mortgage backstops) are bullish for gold in the real world. I also cover gap-up risk into Sunday night/Monday, and why the miners’ earnings torque is still being mispriced.

  18. 354

    The Future of Money Is Gold

    In this episode of Schiff Gold Friday Market Wrap, hosted by Peter Schiff, the focus is on the latest developments in the gold and silver markets as Halloween approaches. Schiff discusses the recent scare that shook gold and silver investors, particularly those in mining stocks, who experienced a sharp decline after a period of bullish sentiment. He explores the concept of mainstream investors entering the gold market and emphasizes the natural corrections in a bull market that eliminate weaker players. Schiff details gold’s price action, noting a recent drop from nearly $4,400 to around $4,000, which he identifies as a support zone. He also highlights silver's similar trajectory, with prices correcting below $50 after breaking through this level. Schiff introduces a new initiative on the Schiff Gold website, promoting the TGold platform that allows users to trade, store, and eventually transact in gold and silver. He elaborates on the development of debit and credit cards linked to gold accounts and the broader vision of creating a gold-based monetary system that offers a secure, valuable alternative to fiat currencies. Schiff underscores the importance of converting and saving in gold to protect purchasing power against inflation. Additionally, he touches on the Federal Reserve's recent rate cut and how it affects market dynamics. Closing with plans for further enhancements to the platform, Schiff invites listeners to join the movement towards a self-imposed gold standard.

  19. 353

    Gold and Silver Break Out; Bitcoin Breaks Down | SchiffGold Friday Market Wrap

    Peter Schiff presents a detailed analysis of the precious metals market in this week's Schiff Gold Friday wrap-up. He highlights a historic week for gold and silver, noting gold's record high surpassing $4,000 and silver's rise above $50. Schiff discusses the market's reaction to these increases, the nervousness of investors, and the subsequent stock sell-offs, emphasizing the strength of precious metals as safe-haven assets compared to Bitcoin. He attributes the current volatility to geopolitical tensions, specifically Trump's new tariffs on China and the resulting impacts on various markets, including a significant drop in Bitcoin. Schiff emphasizes the enduring value of gold and silver as stores of wealth and critiques media narratives that downplay these commodities' importance. He advises immediate investment in precious metals before further price hikes, anticipating continued upward trends fueled by global economic concerns and investor behavior. Lastly, Schiff urges viewers to subscribe to his YouTube channels for more insights.

  20. 352

    Gold and Silver Soar to New Heights | SchiffGold Friday Market Wrap

    Join Peter Schiff for this week’s Schiff Gold Friday Market Wrap as gold and silver reach new record highs! Discover why gold closed just below $3,900 and silver hit a 14-year high, and what these moves mean for investors. Peter breaks down the latest trends in precious metals, mining stocks (GDX, GDXJ), and the impact of inflation, central banks, and the ongoing government shutdown.

  21. 351

    Wall Street Awakens to Gold and Silver Bull Market | SchiffGold Friday Gold Wrap

    Peter Schiff presents the SchiffGold Friday market wrap, where he delves into the significant movements in the precious metals market, particularly gold and silver. Emphasizing the importance of timely investments, Schiff highlights the dramatic price increases in gold and silver, urging immediate purchases before further spikes. He discusses the newfound bullish stance of Wall Street on precious metals, the extraordinary performance of gold and silver mining stocks, and the broader implications of continued inflation on these assets. Schiff also touches on the economic strategies of central banks and the Trump administration, forecasting continued high inflation and the resulting benefits for precious metals. He concludes by encouraging viewers to subscribe to his channels for ongoing insights and to make purchases through SchiffGold.

  22. 350

    Wall Street Selling Bonds and Buying Gold _ SchiffGold Friday Gold Wrap

    In this episode of the Schiff Gold Friday Market Wrap, Peter Schiff reviews a week of significant volatility in the precious metals markets. Key highlights include the FOMC meeting, quadruple witching day, and impressive gains in gold and silver. Gold rose by 1.1%, closing near $3,685, while silver surged 2.8% in a single day, ending the week 1.8% higher. Gold and silver mining stocks outperformed, with the GDX and GDXJ indices achieving remarkable gains. Schiff discusses the impact of the Federal Reserve's rate cuts on gold and other markets, emphasizing the bullish outlook for precious metals. He also covers notable financial developments, such as Morgan Stanley's updated 60/40 portfolio to include gold, signaling a potential shift away from US Treasuries. Schiff encourages viewers to invest in gold and silver now, ahead of further market movements, and highlights the long-term bullish prospects for precious metals and mining stocks. Subscribe for more insights and recommendations.

  23. 349

    Stagflation Heavy Why Gold and Silver Still Look Cheap SchiffGold Friday Gold Wrap

    In this week's Schiff Gold Friday Market Wrap, Peter Schiff delves into the significant rise in precious metals, noting that gold closed the week around $3,643 and silver at $42.16, marking new highs. Schiff emphasizes that gold and silver remain undervalued when adjusted for true inflation, urging investors to act swiftly. He criticizes the Federal Reserve's anticipated rate cuts amidst rising inflation and a weakening labor market, predicting dire consequences for the dollar's value and long-term interest rates. Schiff warns of impending stagflation and advocates for investing in precious metals. The episode critically assesses government labor reports and Trump’s influence on the Fed, underscoring the urgency of buying gold and silver now before prices escalate further.

  24. 348

    Gold & Silver Surge! - SchiffGold Friday Gold Wrap

    Gold just traded above $3,600 for the first time ever, and silver is surging past $41! In this short Shift Gold Friday Market Wrap, Peter Schiff breaks down the incredible gains this week: - Gold up 37% YTD, silver up 41% - Gold mining stocks doubled – GDX +100% YTD - Why the dollar is collapsing and precious metals are soaring - Why buying now is crucial before the next gap up Peter highlights the key catalysts behind this leg of the bull market and why the fourth quarter could be the strongest yet. Don’t wait for Monday – the highs keep moving, and dollars keep losing value.

  25. 347

    Gold Breaks Record, Silver Nears $40, Mining Stocks Surge _ SchiffGold Friday Gold Wrap

    💥 Dollar Crashing? Gold Soaring! Here’s What You Need to Know. Peter Schiff breaks down why the U.S. economy is heading for stagflation, the dollar is tanking, and inflation is on the rise. Learn why gold, silver, and gold stocks could be your best move right now.

  26. 346

    Stagflation, Tariffs, and the Dollar – Gold Is the Answer _ SchiffGold Friday Gold Wrap 08.15.2025

    💥 Dollar Crashing? Gold Soaring! Here’s What You Need to Know. Peter Schiff breaks down why the U.S. economy is heading for stagflation, the dollar is tanking, and inflation is on the rise. Learn why gold, silver, and gold stocks could be your best move right now.

  27. 345

    Central Banks Shift from Dollar to Gold | SchiffGold Friday Gold Wrap 05.23.2025

    Join Peter Schiff in this week's Gold Wrap as he discusses the significant rise in gold and silver prices, the decline of the US dollar and Treasury yields, and the impact of recent legislative and trade developments on the market. Plus, get insights on future investment strategies and upcoming changes at SchiffGold.

  28. 344

    $3,000 Is the New $2,000 – Gold’s Just Getting Started: SchiffGold Friday Gold Wrap 05.16.2025

    Peter Schiff returns to the Schiff Gold Friday Gold Wrap, discussing major weekly moves in gold and silver, market trends, and geopolitical impacts on precious metals. Gain valuable investment insights now!

  29. 343

    The End! SchiffGold Friday Gold Wrap 12.29.23

    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.

  30. 342

    That's One Heck Of A Drug! SchiffGold Friday Gold Wrap 12.22.23

    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

  31. 341

    What A Difference Two Weeks Makes! SchiffGold Friday Gold Wrap 12.15.21

    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

  32. 340

    Battling Economic Ignorance One President at a Time: SchiffGold Friday Gold Wrap 12.8.23

    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?

  33. 339

    A Monster Under the Bed: SchiffGold Friday Gold Wrap 12.01.23

    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

  34. 338

    An Economics Lesson From the Pilgrims: Thoughts From Maharrey Head 11.24.23

    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

  35. 337

    The Fat Lady Hasn't Sung a Note: SchiffGold Friday Gold Wrap 11.17.23

    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

  36. 336

    The Road to Prosperity Is Paved With Credit Cards? SchiffGold Friday Gold Wrap 11.10.23

    Mainstream pundits and government officials keep talking about the strong economy and resilient consumers while ignoring what's driving them - borrowing. To listen to them, you would think the road to prosperity is paved with credit cards. In this episode of the Friday Gold Wrap host Mike Maharrey breaks down the recent household debt data and explains why this isn't the sign of a strong economy. He also highlights some interesting silver demand news. You can visit the show notes page here: https://bit.ly/3QwuIA7 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 - You don't borrow your way to prosperity - Household debt at record levels - Delinquency levels on the rise - An overview of the week's gold price action - Silver demand expected to grow in three major sectors - Silver is underpriced based on supply-demand dynamics

  37. 335

    Confidence Level Is Low! SchiffGold Friday Gold Wrap 11.03.23

    Federal Reserve Chairman Jerome Powell said he's not confident interest rates are high enough to slay price inflation. He also said he's not confident they aren't. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey wonders out loud why we should have any confidence if Powell doesn't. Along the way, he breaks down the November Fed meeting and talks about the "colossal" year for central bank gold buying. Visit the show notes page here: https://bit.ly/3tWz2Rv 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 isn't confident - The Fed maintains the status quo - Is the economy really "too strong?" - Market reaction to the Fed meeting - Central banks on track for record gold buying year - Gold hits stiff resistance at $2,000

  38. 334

    Navigating By Stars on a Cloudy Night: Schiff Gold Friday Gold Wrap 10.27.23

    When it comes to economic data, context matters. In this episode of the Friday Gold Wrap, host Mike Maharrey explains how the Fed, many mainstream economists, and financial network talking heads get a lot wrong because of bad data, shoddy economic frameworks, and ignorance of history. Along the way, he covers the GDP and the latest price action for gold. You can visit the show notes page here: https://bit.ly/3FyCkwR 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 - Economic data needs economic context - Some common sense would be nice - How the CPI formula understates healthcare costs - Q3 GDP comes in strong - Is the consumer really "resilient? - Comparing 2007 with today - Gold knocks on the door of $2,000 - Chinese gold demand is hot

  39. 333

    The Illusion of Prosperity: SchiffGold Friday Gold Wrap 10.20.23

    The economy is strong. The American consumer is resilient. Everything is great. At least that's the mainstream narrative. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey explains why it's all just an illusion of prosperity. Along the way, he covers the September retail sales data, Federal Reserve Chairman Jerome Powell's most recent speech, and the recent gold rally. You can visit the show notes page here: https://schiffgold.com/friday-gold-wrap/the-illusion-of-prosperity-schiffgold-friday-gold-wrap-oct-20-2023/ 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 COVERED - The illusion of prosperity - Retail sales surprise to the upside - Increasing retail sales doesn't necessarily mean what the mainstream says it means - Gold rallies - Jerome Powell channels his inner hawk - Global debt shoots through the roof

  40. 332

    Inflation Not a Problem If You Don't Buy Anything! SchiffGold Friday Gold Wrap 10.13.23

    But he's playing tricks with the data and making assumptions that are meaningless in the real world. In this episode of the Friday Gold Wrap, host Mike Maharrey dissects Krugman's claims in light of the September CPI data. He also talks about market reaction to the CPI and shares some interesting gold news from Zimbabwe. You can visit the show notes page here: https://bit.ly/48LoEMx 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 - Krugman writes inflation's eulogy - What is Krugman missing? - September CPI data comes in hotter than expected - The CPI formula understates shelter costs - Producer prices flashing inflation warning - Bidenomics requires a lot of borrowing and spending - Zimbabwe launches gold-backed digital token

  41. 331

    Not Just Wrong; Wildly Wrong! SchiffGold Friday Gold Wrap 10.06.23

    The mainstream wasn't just wrong about inflation in 2020. It was wildly wrong. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey dissects a 2020 video produced by CNBC to show just how wrong they were. He explains why they were wrong and teaches some economics along the way. He also discusses the carnage in the bond market and tells you who is buying gold. You can visit the show notes page here: https://bit.ly/3tjtlNg 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 -Not just wrong; wildly wrong -Gold still facing headwinds -Carnage in the bond market and why it matters -Central banks are still buying gold -How did they get inflation so wrong? -Economic fundamentals matter

  42. 330

    We've Been Gaslit! SchiffGold Friday Gold Wrap 09.29.23

    The economy is great! Inflation is dead! We're on our way to a soft landing! We keep hearing messages like this over and over again from Fed officials, the Biden administration, academics, and financial news pundits. But doesn't the spin seem a little detached from reality? In this episode of the Friday Gold Wrap, host Mike Maharrey exposes the political class's gaslighting operation. He also talks about the big selloff in gold this week. You can visit the show notes here: https://bit.ly/3RDhJ1C 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 - What is gaslighting? - Gold sells off - Are we at the beginning of a generational bear market in bonds? - Oil keeps spiking - GDP revisions - Consumers aren't confident - The disconnect between government spin and consumer perception - We're being gaslit

  43. 329

    Saying One Thing; Doing Whatever: SchiffGold Friday Gold Wrap 09.22.23

    The Federal Reserve wrapped up its September meeting on Wednesday and left interest rates unchanged. But Powell and Company had plenty to say. In this episode of the Friday Gold Wrap, host Mike Maharrey breaks down the Fed's rhetoric and prognostications, and argues that what the Fed says and what it will do are two different things. You can visit the show notes page here: https://bit.ly/3ZuiTP0 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 talk so much about the Fed? - Fed leaves rates unchanged but up the hawkish talk - Paul Krugman deserves the middle finger - Fed dot-plot indicates tighter policy for longer - Fed claims the economy looks good - Why shouldn't we believe what the Fed says? - Don't wait too long to buy gold

  44. 328

    Slow Burn: SchiffGold Friday Gold Wrap 09.15.23

    The economy is in a slow burn. You can't even see the flames. But there is some smoke. In this episode of the Friday Gold Wrap, host Mike Maharrey calls attention to that smoke with a breakdown of August's CPI  and some other data that came out this week. He also busts a myth about silver. You can visit the show notes page here: https://bit.ly/3rgY1Oy 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 - We're in a slow burn - CPI throws cold water on the disinflation narrative - "Healthy American consumers" are burying themselves in debt - August federal budget surplus was not what it seems - Silver isn't scarce?

  45. 327

    Fed Up! SchiffGold Friday Gold Wrap 09.08.23

    We're fed up -- fed up with the Federal Reserve. After all, it is the engine that drives the biggest government in history. In this episode of the Friday Gold Wrap, host Mike Maharrey explains what the Fed is, how it came to be, and how it enables reckless government borrowing and spending. He also talks about one reason why the recent drop in the CPI is likely transitory. You can visit the show notes page here: https://bit.ly/3EAwV7S 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 Mike fed up? - Gold's performance this week - Gasoline prices are about to undercut falling CPI - The latest on central bank gold buying - The Federal Reserve explained

  46. 326

    For Those Who Labor...SchiffGold Friday Gold Wrap 09.01.23

    We're kicking off Labor Day weekend. That means you're going to hear a lot of rhetoric about how the government needs to do more for workers. But as Friday Gold Wrap host Mike Maharrey explains, we don't really need better government policies for workers. We need better money for everybody. He also talks about tanking consumer confidence in this bubble economy. You Can Visit the show notes page here: https://bit.ly/3PlsG6B 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 -We live in an upside-down world where bad news is good news - Consumer confidence tanks - The biggest problem facing American workers - How going off the gold standard killed hourly wage gains - The minimum wage in silver quarters

  47. 325

    Another BRIC in The Wall: SchiffGold Friday Gold Wrap 08 25 23

    The BRICS economic bloc announced it will add six new members, including Saudi Arabia. The growing influence of BRICS could ultimately dent Western economic power and undermine the dollar's role as the world's reserve currency. In this episode of the Friday Gold Wrap, host Mike Maharrey talks about the ramifications of BRICS expansion, de-dollarization, and the possibility of a BRICS currency. He also talks about how silver is inexcusably low. You can visit the show notes page here: https://bit.ly/3Pb5GWL 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. -What is BRICS? -BRICS expansion and the ramifications -De-dollarization -Will BRICS create a new currency to compete with the dollar? -The price is silver is inexcusably low

  48. 324

    Is This a 2007 Redux? SchiffGold Friday Gold Wrap 08.18.23

    There is a growing consensus that the Federal Reserve can successfully slay price inflation and bring the economy to a soft landing. After all, the economy appears to be chugging along. But as Friday Gold Wrap host Mike Maharrey explains, there are a lot of things bubbling under the surface that should temper that optimism. In fact, what we're seeing today looks a lot like 2007. You can visit the show notes page here: https://bit.ly/3sgKYNf 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 tough few weeks for gold - This looks eerily similar to 2007 - Banks still borrowing billions from Fed bailout program - The US government spent more on interest payments than national defense in July - Another gut punch for the US dollar

  49. 323

    The Bill Is Coming Due! SchiffGold Friday Gold Wrap 08.11.23

    Credit cards are great until the bill comes due. And the US economy has about maxed out the plastic. The Federal Reserve incentivized borrowing and the economy is buried under trillions of dollars in debt. As Friday Gold Wrap host Mike Maharrey explains in this episode, the bill is about to come due. He also goes over the July CPI data and digs into some of the ramifications. You can visit the show notes page here: https://bit.ly/3Ov8u0q 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 -US credit rating downgraded -Moody's downgrades bank credit ratings -How the Fed blew up a massive debt bubble -The bill will come due -July CPI breakdown -Price inflation is down but not out

  50. 322

    You've Got Questions; We Have Answers: SchiffGold Friday Gold Wrap 08.04.23

    In this special episode of the Friday Gold Wrap podcast, host Mike Maharrey answers listeners' questions. He covers topics including the precious metals markets, investment strategies, the trajectory of the economy, the future of the US dollar, central bank digital currencies (CBDCs), and more. You can visit the show notes page here: bit.ly/3KlLD60 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.

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ABOUT THIS SHOW

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news with some thoughtful commentary. For more, visit schiffgold.com/news/

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SchiffGold

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