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JD and Joel discuss this week: why gold is down, Peter Schiff’s best takes on Biden’s Super Bowl shrinkflation ad, and thoughts about “the best time” to sell gold.
OTHER TOPICS DISCUSSED
- Gold traded Friday morning at $2,000/ounce (-$27 weekly)
- Silver traded Friday morning at $22.83/ounce (+$0.25 weekly)
- January inflation comes in at 0.3% or an annualized rate of 3.7%
- US producer prices (PPI) rise the most in 5 months
- What Biden gets backward about inflation and shrinkflation
- The week ahead:
- Banks are closed next Monday
- LEI indicators released next Tuesday at 10:00 AM
- Fed FOMC January Meeting Minutes released next Wednesday at 2:00 PM
Running Length 00:10:47
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The Gold/Silver Ratio Says Silver’s Still Cheap
Gold – When To Exit?
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