Biden’s Super Bowl Blunder

Tasty cake with flag on bunch of paper dollars

Image Source: Pexels

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.


  • 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

More By This Author:

The Gold/Silver Ratio Says Silver’s Still Cheap
Gold – When To Exit?
Federal Budget: Interest Payments Reach $750B

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