J. Powell's Do-Si-Do: SchiffGold Friday Gold Wrap 12.02.22
Fed ChairJerome Powell came out this week and indicated the central bank is set to pivot away from its aggressive rate hikes. But he couched the announcement in hawkish terms. The markets bought the pivot and ignored the hawkishness. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey puts Powell's remarks in a broader context and speculates about what might be coming down the pike.
-Jerome Powell's speech
-The Fed's "knowledge problem"
-Gold breaks $1,800
-The feckless inflation fight
-Something in the economy is going to break
You can visit the show note page here: https://bit.ly/3OUFmPP
Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and political news as it relates to gold and silver, along with some insightful commentary. For more information visit https://schiffgold.com/news.
-Jerome Powell's speech
-The Fed's "knowledge problem"
-Gold breaks $1,800
-The feckless inflation fight
-Something in the economy is going to break
You can visit the show note page here: https://bit.ly/3OUFmPP
Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and political news as it relates to gold and silver, along with some insightful commentary. For more information visit https://schiffgold.com/news.
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