The CPI data for April came out this week. The mainstream spin was that it was more good news for the Fed's inflation fight. But the actual data tells a different story. In this episode of the Friday Gold Wrap, host Mike Maharrey talks about the CPI report and the disconnect between the mainstream narrative and reality. He also highlights some interesting Q1 gold demand numbers.
You can visit the show notes page here: https://bit.ly/3MlkJwE
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 drives mainstream media narratives?
-The mainstream spin on the April CPI report
-The actual CPI data
-Market reaction
-The Fed's conundrum
-Physical gold demand in Q1