More Trump, More Inflation
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Gold this week at $2,650 (up about $25 since last week) and silver at $30.60 (up about $0.41). Joel discusses higher inflation, global rate cut momentum and when gold and silver may rally.
OTHER TOPICS DISCUSSED:
-Trump's comments on inflation reflect a misunderstanding of economic principles.
-Producer inflation came in hotter than expected at 0.4%.
-The Swiss National Bank announced a surprising 50 basis point cut.
-China is considering quantitative easing due to economic struggles.
-The U.S. is not out of the monetary woods with high debt levels.
-Future rate cuts by the Fed are likely to drive gold prices higher.
Running Length: 00:18:39
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