A New Lost Decade
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Gold closed this week at $2,715 (up $153 since last week) and silver at $31.33 (up $1.10). Joel and JD discuss recent price action, 100k Bitcoin and why Goldman Sachs predict just 1% annual returns to the S&P 500 over the next decade.
OTHER TOPICS DISCUSSED
- Initial jobless claims came out at 213,000, beneath expectations.
- Consumer sentiment remains stagnant at 71.8.
- Household savings are dwindling while credit card debt is skyrocketing.
- Goldman Sachs analysts predict just 1% annual returns in S&P 500 over next decade
Running Length: 00:18:39
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