Fed Chair Jerome Powell went to Capitol Hill this week and talked. His open-mouth operations dominated the financial news and drove gold lower. In this episode of the Friday Gold Wrap, host Mike Maharrey digs into Powell's comments, reads between the lines, and points out a couple of things Powell got completely wrong. He also talks about some actual economic news that most people just ignored.
You can visit the show notes page here: https://bit.ly/3Jq6bKg
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
-National debt eclipses $32 trillion
-Why the national debt is a ticking time bomb
-Leading economic indicators tank again
-Powell keeps up hawkish talk
-Reading between the lines on two Powell comments
-Two things the Fed chair got wrong