Image Source: Unsplash
 

Mainstream pundits and government officials keep talking about the strong economy and resilient consumers while ignoring what's driving them - borrowing. To listen to them, you would think the road to prosperity is paved with credit cards. In this episode of the Friday Gold Wrap, I break down the recent household debt data and explain why this isn't a sign of a strong economy. I also highlight some interesting silver demand news.

Video Length: 00:32:02

More By This Author:

Silver Demand In Three Key Sectors Expected To Nearly Double In The Next Decade
America’s Growing Economy - Brought To You By Visa And Mastercard
Central Bank Gold Buying Continued Unabated In September