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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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