Gold Reaches New All-Time High

The smart way to keep people passive and obedient is to strictly limit the spectrum of acceptable opinion, but allow very lively debate within that spectrum.”

Stacks of gold bars — Stock Photo, Image

Image Source: DepositPhotos

JD and Joel discuss the new all-time highs in gold, Peter’s recent podcast, the Fed’s next move, and why silver has become an especially good deal.

Other Topics Discussed:

  • Gold is trading at $2178 (up $126 on the week)
  • Silver is trading at $24.30 (up $1.65 on the week)
  • Last Friday’s Fed policy reports warned of risks to the financial sector
  • Nonfarm payrolls rose 275,000 for the month topping the forecast of 198,000
  • CME Fedwatch tool shows significantly increasing expectations of lower interest rates
  • Peter Schiff’s latest podcast

Quote from Noam Chomsky:

The smart way to keep people passive and obedient is to strictly limit the spectrum of acceptable opinion, but allow very lively debate within that spectrum.”

Video Length: 00:12:57

 


More By This Author:

$1 Trillion Per 100 Days: Is This The Year The Debt Bubble Explodes?
Jobs: Massive Revisions And Household Survey Tell The Real Story
Ron Paul: Fed’s “Dollar Destruction” And Moral Crisis
Disclosure:

The posts on this blog are opinions, not advice. Please read our Disclaimers.

Comments