Gold Reaches New All-Time High
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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
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