Last week, the Bank of England threw in the towel on its inflation fight and launched a quantitative easing program. Why? Because something broke in the UK financial system. That led to a rally in stocks and precious metals this week as many in the US realized the Fed might be closer to a pivot than previously thought. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about why he thinks something is going to eventually break in the US economy.
Topics Covered
- The Bank of England’s pivot
- A UN Report Asking Central Banks to stop tightening and the ramifications
- The National Debt
- Gold’s performance in 2022
- Breaking the September jobs report
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. The links are below.
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.
LISTEN
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SHOW NOTES
Reverse Repos at Record Levels
Peter Schiff: A Massive Fiscal Time Bomb
US Government Runs Another Big Deficit in August
Calling the Fed’s Bluff: They are Holding a Losing Hand
Peter Schiff vs. Bart Melek: Is It Time to Buy Gold?
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