Podcasts about schiffgold

Peter Schiff returns to the Schiff Gold Friday Gold Wrap, discussing major weekly moves in gold and silver, market trends, and geopolitical impacts on precious metals. Gain valuable investment insights now!

SJ Show Notes:Support Sarah Pace And James Ashby HERE: https://www.facebook.com/profile.php?id=61558871007268Please support Shannon's independent network with your donation HERE: https://www.paypal.com/donate/?hosted_button_id=MHSMPXEBSLVTSupport Our Sponsors:You can get 20% off your first order of Blackout Coffee! Just head to http://blackoutcoffee.com/joy and use code joy at checkout.The Satellite Phone Store has everything you need when the POWER goes OUT. Use the promo code JOY for 10% off your entire order TODAY! www.SAT123.com/JoyGet 45% OFF Native Path HYDRATE today! Special exclusive deal for the Joy audience only! Check it out HERE: www.nativepathhydrate.com/joyColonial Metals Group is the company Shannon trusts for all her metals purchases! Set up a SAFE & Secure IRA or 401k with a company who shares your values! Learn more HERE: https://colonialmetalsgroup.com/joyPlease consider Dom Pullano of PCM & Associates! He has been Shannon's advisor for over a decade and would love to help you grow! Call his toll free number today: 1-800-536-1368 Or visit his website at https://www.pcmpullano.comShannon's Top Headlines May 17, 2025:Steve Bannon - The Stark Math on the GOP Tax Plan: It Doesn't Cut the Deficit: https://www.wsj.com/politics/policy/tax-plan-budget-national-debt-analysis-e9822072?st=C7uRmN&reflink=mobilewebshare_permalinkMusk Promised Budget Cuts, But Stole All Our Data And Delivered A Panopticon Instead: https://www.technocracy.news/musk-promised-budget-cuts-but-stole-all-our-data-and-delivered-a-panopticon-instead/Budget BETRAYAL - House Reconciliation Bill Would Massively Increase Near-Term Deficits: https://www.crfb.org/blogs/house-reconciliation-bill-would-massively-increase-near-term-deficitsLike Nixon, Trump plans to use the IRS to take down his political enemies: https://www.stridentconservative.com/like-nixon-trump-plans-to-use-the-irs-to-take-down-his-political-enemies/Peter Schiff - There Was NO Trade Win Over China. Trump Surrendered: https://x.com/SchiffGold/status/1923020383441076415Like Nixon, Trump plans to use the IRS to take down his political enemies: https://www.stridentconservative.com/like-nixon-trump-plans-to-use-the-irs-to-take-down-his-political-enemies/Even Steve Bannon has to admit it“The Stark Math on the GOP Tax Plan: It Doesn't Cut the Deficit: House Republicans advance bill late Sunday, as budget analysts across the political spectrum warn that the proposal worsens the U.S. fiscal picture.”Bannon wrote what has been patently obvious to us all, yesterday in a WSJ opinion piece.The Trump approved ‘big beautiful budget bill' is a boondoggle for the billionaire class and bludgeon for the American Dream. This monstrosity passed a key committee vote last night clearing another major hurdle for passage which is expected to happen on the 4th of July, according to proponents.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Support Our Sponsors:You can get 20% off your first order of Blackout Coffee! Just head to http://blackoutcoffee.com/joy and use code joy at checkout.The Satellite Phone Store has everything you need when the POWER goes OUT. Use the promo code JOY for 10% off your entire order TODAY! www.SAT123.com/JoyGet 45% OFF Native Path HYDRATE today! Special exclusive deal for the Joy audience only! Check it out HERE: www.nativepathhydrate.com/joyColonial Metals Group is the company Shannon trusts for all her metals purchases! Set up a SAFE & Secure IRA or 401k with a company who shares your values! Learn more HERE: https://colonialmetalsgroup.com/joyPlease consider Dom Pullano of PCM & Associates! He has been Shannon's advisor for over a decade and would love to help you grow! Call his toll free number today: 1-800-536-1368Or visit his website at https://www.pcmpullano.comSJ Show Notes:Support Sarah Pace And James Ashby HERE: https://www.facebook.com/profile.php?id=61558871007268Please support Shannon's independent network with your donation HERE: https://www.paypal.com/donate/?hosted_button_id=MHSMPXEBSLVTShannon's Top Headlines May 16, 2025:Budget BETRAYAL - House Reconciliation Bill Would Massively Increase Near-Term Deficits: https://www.crfb.org/blogs/house-reconciliation-bill-would-massively-increase-near-term-deficitsHERE'S HOW We Fight Back - Catherine Austin Fitts With Jimmy Dore: https://rumble.com/v6t8esj-catherine-austin-fitts-full-interview-w-jimmy-dore.htmlGold & Silver Remain SOLID Despite Breakdown Attempt: https://thebubblebubble.substack.com/p/encouraging-signs-are-emerging-in?utm_campaign=email-half-post&r=fuu7w&utm_source=substack&utm_medium=emailPeter Schiff - There Was NO Trade Win Over China. Trump Surrendered: https://x.com/SchiffGold/status/1923020383441076415Like Nixon, Trump plans to use the IRS to take down his political enemies: https://www.stridentconservative.com/like-nixon-trump-plans-to-use-the-irs-to-take-down-his-political-enemies/Thank you Jesus it is Friday!Today we are closing out the week with a little freestyle on the SJ Show! We'll recap the week's news and take some Live Chat questions and comments.You can ask me ANYTHING so get your Q's ready. :)Also … you may have seen the viral video from Libs of TikTok, retweeted by Elon Musk about LGBTQ indoctrination madness in Penfield, NY. The video got 20 million views and once again we see irate parents questioning highly inappropriate and sexualized materials being presented to children at the Penfield Central School District.Today we meet two of those parents, Sarah Pace and James Ashby! They aren't sitting around and complaining about the insanity, they are working to end it by running for the Penfield School Board. This is EXACTLY what all Americans should be doing and we want to help them in their mission today!The VOTE happens this Monday, May 19th and a victory would represent a HUGE culture shift in deep blue, suburban NY.Let's support them and get out that VOTE!Join the Rumble LIVE chat and follow my Rumble Page HERE so you never miss an episode: https://rumble.com/c/TheShannonJoyShowSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this week's full episode, gold fell $15 to $3,220 and silver slipped $0.26 to $32.19, as markets trembled, volatility surged, and the Fed is starting up the choppers for a new wave of money mania. ⏰Times 00:00 Intro 00:15 The Choppers are BACK 03:08 Gold Goes Down 03:30 Biggest Market Indicators 06:00 Bitcoin nears $100K 08:00 Musk Retreats from Doge as Tesla Get Wrecked 09:45 Update on Tariffs 11:30 Trump and Powell Make Up 13:00 Price Action Commentary 15:00 100:1 Gold-Silver Ratio 16:15 Upcoming Events 17:20 Jingle

In this week's mini episode, Joel gives the key numbers: gold closed at about $3,330, up $100. Silver closed at $32.55, up $0.10. This week saw a new all-time high for gold ($3,358 on Thursday), frail manufacturing numbers and mounting pressure on Fed Chair Powell. ⏰Headlines - Dollar Index stands at 99.13 - VIX fear gauge at 29.65 - Empire State Manufacturing Index at -8.1 - White House announces 245% tariff on China - Powell emphasizes Fed caution - Philly Fed Manufacturing Index at -26.4 (vs. 2.2 forecast) - ECB cuts rates on Thursday for third time this year (now 2.25%)

Gold surged to $3,235, climbing nearly $200 since last week, while silver, the "sleeping dragon," woke up to $32.45, up over $2.50. Is this a new era of growth for precious metals? Joel breaks down how the dollar's decline and market turmoil set the stage for a golden opportunity. Price action commentary starts at 12:15. ⏰Chapters/Timestamps 00:00 Intro 02:45 Key prices 03:20 This week's events 6:55 Trump pulling back tariffs 07:45 The White House's economic whitewashing 08:45 Why JP Morgan's Jamie Dimon fears recession 11:00 Fed presidents poised to cut interest rates 12:15 Gold and silver market commentary 14:50 Looking ahead 16:50 Gold:Silver Ratio Jingle

This week gold held the line at $3,040 (-$45), while silver sank to $29.70 (-$4.35). This week Trump's “Liberation Day” tariffs tank $2.4 trillion in market value, China hit back hard, and Buffett bled billions. Joel explains why the golden age of metals might just be beginning. Price action commentary starts at 10:35. ⏰Chapters/Timestamps 00:00 Intro 01:33 Market Overview and Economic Indicators 03:23 Liberation Day 05:43 Market Reactions and Investor Sentiment 10:35 Gold and silver market Commentary 14:46 Gold:Silver Ratio 16:58 Looking Ahead

Tom welcomes back Peter Schiff, the CEO and Chief Economist of Euro Pacific Asset Management, Chairman of Schiff Gold, and host of Schiff Radio to the show. Peter discusses inflation, central banking policies, and the implications of stagflation on the economy. He emphasizes that inflation is fundamentally caused by an expansion in the money supply and credit, rather than rising prices alone. Schiff argues that the Federal Reserve's actions, including quantitative easing and low interest rates, have fueled inflation and exacerbated economic instability. Schiff critiques the government's handling of inflation, noting that it often deflects blame onto businesses or labor unions instead of addressing the root causes. He warns that continued deficit spending and debt accumulation will lead to higher inflation and potentially a financial crisis. Schiff also highlights the role of tariffs and trade policies in affecting prices and trade deficits, though he doubts their effectiveness in fundamentally altering the economic landscape. The discussion turns to gold and precious metals as a hedge against inflation. Schiff notes that despite record earnings from gold mining companies, investor sentiment remains cautious, with many preferring speculative assets like cryptocurrencies or AI stocks. He believes this presents an opportunity for investors to capitalize on undervalued gold mining stocks before prices rise significantly. Schiff also touches on the potential impact of rising interest rates in Japan and the yen carry trade, warning that unwinding these positions could disrupt global markets. Additionally, he discusses the role of central banks in buying gold as a form of portfolio insurance and predicts continued demand for precious metals as investors seek safe havens amid economic uncertainty. Time Stamp References:0:00 - Introduction0:45 - Causes of Inflation9:40 - Fed Inflation Targets15:09 - Fed & Data Dependence17:37 - Lower Dollar Problem22:10 - Deepseek AI & China24:33 - Overvaluations27:36 - Tariff Threats & Trade31:18 - Japanese Bond Yields34:40 - LBMA & Lease Rates38:33 - Country of Origin41:47 - Gold Chinese Insurers48:38 - Miners and Earnings58:12 - Thoughts on Silver1:00:59 - Wrap Up Tallking Points From This Episode Inflation is caused by money supply expansion, not just rising prices, and central banks are the primary culprits. Gold and precious metals offer protection against inflation, with mining stocks currently undervalued despite strong fundamentals. Economic instability and stagflation risks loom large, driven by debt, deficits, and ineffective monetary policies. Guest Links:Podcast: https://schiffradio.com/Website: https://schiffgold.com/Website: https://schiffsovereign.com/Website: https://europac.com/Twitter: https://twitter.com/PeterSchiffYouTube: https://www.youtube.com/channel/UCIjuLiLHdFxYtFmWlbTGQRQ Peter Schiff is an honorary chairman of SchiffGold, founder of Euro Pacific Asset Management, and host of The Peter Schiff Show. Peter is an economic forecaster and investment advisor influenced by the free-market Austrian School of economics. He is one of the few forecasters who accurately and publicly predicted the 2007 housing market collapse and subsequent 2008 financial crisis. His latest best-selling book, The Real Crash: America's Coming Bankruptcy - How to Save Yourself and Your Country, warns that the 2008 crisis was just the prelude to a larger sovereign debt crisis in the United States that may lead to a collapse of the US dollar. Peter recommends long-term investment in foreign markets with sound fiscal policies, as well as global commodities including buying gold, silver and other physical precious metals.

Gold's climb toward $3,000 continues, closing this week at $2,885 (up $20). Silver followed, closing at $32.20 (up $0.35). Inflation surprises, looming tariffs, and surging global gold demand shape the market—listen for the full breakdown! Price commentary begins at 11:26. OTHER TOPICS DISCUSSED: 00:00 - Valentine's Day and Metals Prices 01:17 - Soaring Inflation and other Economic Indicators 02:22 - Trump's Tariffs and Trade Strategies 05:29 - Global Gold Demand and BRICS 08:24 - DOGE and Social Security fraud 11:26 - Market Commentary and Outlook 16:19 - Upcoming Market Events The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Gold's epic rally continues, closing this week at $2,865 (up $65). Silver closed at $31.85 (up $0.50). Meanwhile, central bank stockpiling, trade wars and surprising job numbers keep things interesting—listen for the full breakdown! Price commentary begins at 11:26. OTHER TOPICS DISCUSSED: 01:25 Economic Indicators and Job Market News 06:16 Gold Market Trends and Central Bank Purchases 08:45 Trade Wars and Economic Strategies 09:46 Retail Trading Trends and Big Tech Investments 11:26 Market Commentary and Gold Price Movements 15:15 SchiffGold Special Sale 17:05 Upcoming Economic Events The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Gold hits record highs, DeepSeek AI shakes up tech, and central banks make decisions—big market shifts explained in this episode! Gold closed this week at $2,800 (up $25) and silver at $31.35 (up $0.75). Joel gives the full price commentary at 11:02. OTHER TOPICS DISCUSSED: 01:32 Key Economic Indicators  02:20 China's AI Progress and US Tech Stocks 04:10 Central Bank Updates: ECB and Fed 09:20 Peter Schiff on the Fed 10:10 Beware: Jim Cramer Goes Bullish on Bitcoin 11:02 Gold and Silver Price Action Analysis 15:22 Upcoming Economic Events The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Trump's EOs set shockwaves through the markets. What's happening to inflation and gold prices? Gold closed this week at $2,775 (up $70) and silver at $30.60 (up $0.15). Joel gives the full price commentary at 11:03. OTHER TOPICS DISCUSSED: • 01:32 Key Economic Indicators  • 03:01 The Impact of Trump's Executive Orders • 05:57 Stargate and Cryptocurrency • 09:34 Global Trade Dynamics and Japan's Rate Hike  • 11:03 Gold and Silver Price Action Analysis • 14:04 Upcoming Economic Events QUOTE OF THE WEEK "We only swing at pitches we like." – Warren Buffet The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

The world was aflame this week with political and economic fires, including California's wildfires, India's currency crisis and the freefall in the Chinese Yuan. How are precious metals faring? Gold closed this week at $2,705 (up $10) and silver at $30.45 (unchanged). Joel gives the full price commentary at 14:46. • 01:37 Biggest Economic Headlines • 03:42 Israel-Hamas Ceasefire and California Fires • 06:51 Kentucky Gold Tax Exemption Controversy • 07:28 Government Casts Economy in Rosy Light • 09:47 US Government Bans TikTok  • 11:28 India's Currency Crisis and Trade Deficit • 13:15 China's Economic Challenges and Yuan Weakness • 14:46 Gold and Silver Price Action Commentary • 17:14 Upcoming Economic Events and Market Outlook QUOTE OF THE WEEK "Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States." – Barry Goldwater The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Gold closed this week at $2,695 (up about $50) and silver at $30.45 (up about $0.80). Price commentary begins at 7:45. We celebrate 50 years of legal US gold trading by giving listeners a discount. Use promo code "LEGAL 50." OTHER TOPICS DISCUSSED: • 01:42 This Week's Biggest Economic News • 03:04 Canadian President Trudeau Resigns • 04:28 Janet Yellen Almost Admits Pandemic Caused Inflation • 05:39 States Build Gold Reserves • 06:28 California Wildfires and its economic Impact • 07:45 Market Commentary on Gold and Silver Prices • 09:40 SchiffGold Promotion Discount • 10:36 Upcoming Economic Events and Closing Remarks QUOTE OF THE WEEK It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." – Henry Ford The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Gold closed this week at $2,643 (up about $20) and silver at $29.65 (up about $0.30). 2025 is shaping up to be a year of huge economic uncertainty and downturn. We discuss what that means for metals. Market commentary begins at 9:37. OTHER TOPICS DISCUSSED: • 00:00 2025 Economic Outlook: A Cautious Start • 03:20 China's Cybersecurity Breach: Implications and Concerns • 04:43 Positive Developments in US Precious Metals Legislation • 05:44 China's Gold Buying Surge: Analyzing the Trends • 07:12 Consumer Credit Trends: The Rise of Doom Spending • 08:08 Political Landscape: House Speaker Dynamics and Market Reactions • 09:37 Gold and Silver Price Action: Anticipating 2025's Volatility • 14:43 Looking Ahead: Potential Catalysts for Market Breakouts QUOTE OF THE WEEK The few who understand the system, will either be so interested from it's profits or so dependent on it's favors, that there will be no opposition from that class." – Rothschild Brothers of London, 1863 The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Gold closed this week at $2,625 (about the same as last week) and silver at $29.35 (down about $0.20). Joel recaps this year's biggest economic events and precious metal performance before looking ahead to 2025. Market commentary begins at 4:51. OTHER TOPICS DISCUSSED: -Gold up 26.9%, silver gains 23.7% in 2024. -Poor consumer confidence at 104.7 (versus 112.9 forecast). -US economic indicators and mortgages are worse than expected. -Russia keeps interest rates steady at 21%. -US debt hits $36 trillion, bank failures rise. -Hurricanes Milton, Helene caused $200B in damages. -Stock markets performed well in 2024; volatility expected in 2025. QUOTE OF THE WEEK "He who is unfit to serve his fellow citizens wants to rule them." – Ludwig Von Mises The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Gold closed this week at $2,625 (down about $25 since last week) and silver at $29.55 (down about $1.05). The Fed cut rates in time for Christmas but stock markets dropped on the news, spoiled by promises of bigger cuts in 2025. Price action discussed at 6:26. OTHER TOPICS DISCUSSED: -Sub-50 PMI and VIX spike warn of coming economic recession. -Central banks likely to continue cutting in response to economic weakness. -Market volatility is expected as central banks adjust their strategies. -Gold and silver are being considered as legal tender in Florida. -Chinese economic indicators show a lack of trust in government policies. QUOTE OF THE WEEK "The world is chaotic… the future is never clear.. I've made my whole career buying assets that other people consider uninvestable and when you do that you have a chance of getting a bargain." – Howard Marks The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Gold closed 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. Price action discussed at 5:38. 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. QUOTE OF THE WEEK If tariffs really didn't cost countries anything, every country would just be imposing tariffs, right? If it doesn't cost your own people anything, why don't you just run on tariffs? Why doesn't every country just impose tariffs if it doesn't cost anything for their own citizens? If you could just tax foreign countries, why not do that? Because they can't vote. It's preposterous. A tariff is a tax. It's a tax on the consumer for buying stuff. 100% of it is paid by consumers. There's nobody else to pay it! It's an indirect tax on consumers." – Peter Schiff The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Gold closed this week at $2,625 (down about $30 since last week) and silver at $30.01 (up about $0.36). Joel discusses Black Friday sales, global economic challenges in India and China, and Bitcoin above 100k. Price action discussed at 10:40. OTHER TOPICS DISCUSSED: -Brick and mortar stores grew their traffic 3.8%. -Gold has no diminishing marginal utility. -CME Group will offer micro gold contracts in January 2025. -India's RBI has a massive $60 billion short position. -China's stimulus efforts are failing to revive the economy. -European banks are favoring government bonds over private lending. -Why gold may remain range-bound until 2025. -Bitcoin has officially hit over $100,000 on the spot market. QUOTE OF THE WEEK Remember, that's how capitalism works. You get rich by enriching everybody who voluntarily does business with you. The money you make is a reflection of the work that you did, of the effort you put in, of the benefits that society derived from your work." – Peter Schiff The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Gold closed this week at $2,655 (down $60 since last week) and silver at $30.65 (down $0.70). Joel discusses troubling retail sales, Musk's meteoric rise and the department of government efficiency (DOGE). OTHER TOPICS DISCUSSED -FedWatch predicts 66% chance of rate cut December 18. -U.S. GDP grew 2.8% quarter-over-quarter, meeting expectations. -October new home sales fell below expectations to 610,000. -October money supply rose 5.1%, highest in 15 months. -Tesla stock surged 40%, boosting Musk's net worth $70 billion. Quote: The most terrifying words in the English language are: I'm from the government, and I'm here to help – Ronald Reagan The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Gold closed this week at $2,715 (up $153 since last week) and silver at $31.33 (up $1.10). Joel and JD discuss recent price action, 100k Bitcoin and why Goldman Sachs predict just 1% annual returns to the S&P 500 over the next decade. OTHER TOPICS DISCUSSED -Initial jobless claims came out at 213,000, beneath expectations. -Consumer sentiment remains stagnant at 71.8. -Household savings are dwindling while credit card debt is skyrocketing. -Goldman Sachs analysts predict just 1% annual returns in S&P 500 over next decade Quote: There is an old saying, If you're not a liberal by the time you're 22, you don't have a heart. If you're not a conservative by the time you're 28, you don't have a head. Well, a lot of 22-year-olds are buying Bitcoin, and Trump got their vote. He got their vote by pandering to their most important issue, which was getting rich off their Bitcoin – Peter Schiff The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. The above references an opinion and is for information purposes only. It is not intended to be investment advice.

DISCLAIMER: This podcast was recorded before Donald Trump was elected as the President of the United States. Peter Schiff breaks down the looming economic crisis, exploring skyrocketing debt, underreported inflation, and the risks of a collapsing dollar. Learn why the U.S. economy's apparent strength is an illusion and what losing reserve currency status could mean for Americans. Schiff shares actionable advice on surviving rising costs, investing in real assets, and preparing for an uncertain financial future. A must-watch for anyone seeking clarity in chaotic economic times. OUR GUEST Peter Schiff is one of the few non-biased investment advisors (not committed solely to the short side of the market) to have correctly called the current bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on the U.S. stock market, economy, real estate, the mortgage meltdown, credit crunch, subprime debacle, commodities, gold, and the dollar, he is becoming increasingly more renowned. He has been quoted in many of the nation's leading newspapers, including The Wall Street Journal, Barron's, The Financial Times, The New York Times, The Washington Post, and appears regularly on CNBC, CNN, Fox News, Fox Business Network, and Bloomberg T.V. His best-selling book, “Crash Proof: How to Profit from the Coming Economic Collapse” was published by Wiley & Sons in February of 2007. His second book, “The Little Book of Bull Moves in Bear Markets: How to Keep your Portfolio Up When the Market is Down” was published by Wiley & Sons in October of 2008. Mr. Schiff began his investment career as a financial consultant with Shearson Lehman Brothers, after having earned a degree in finance and accounting from U.C. Berkeley in 1987. A financial professional for over thirty years, he is the owner of Euro Pacific Asset management and chief economist and global strategist for Euro Pacific Capital, a division of Alliance Global Partners. He is also Chairman of SchiffGold, a precious metals dealer based out of Manhattan. PETER SCHIFF

https://youtu.be/8ir26bzOYGo The simplest definition of economy is the effort to maximize the availability of limited resources (and just about every resource is limited) to meet as many human demands as possible. Tools, capital, and innovation are the keys to this equation. - How an Economy Grows and Why It Crashes Peter Schiff is the host of The Peter Schiff Show podcast, founder of SchiffGold, and author of How an Economy Grows and Why It Crashes. Watch on BitChute Watch on Rumble Watch on Odysee Watch on X Watch on Facebook  

Gold closed this week at $2,562 (down $123 since last week) and silver at $30.23 (down $1.20). Joel discusses recent price action, recent USD gains, and why Trump faces a terrible dilemma around inflation. OTHER TOPICS DISCUSSED: (1:52) Official inflation rose to 2.6%, with core CPI still above target. (2:15) Rate cut chance in December dropped from 65% to 27%. (4:12) Retiree Debt Rises: 68% of retirees now carry credit card debt (8:00) Dollar Hits 1-Year High: Dollar index climbed to 106.47 (10:15) Why Trump must cut spending to curb inflation Quote: The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries. – Winston Churchill The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. The above references an opinion and is for information purposes only. It is not intended to be investment advice.

This week, gold prices pulled back by around $50 from last week's levels, and silver dropped roughly a dollar. These movements coincided with the recent election of Donald Trump as the 47th President of the United States. In this episode, things are a bit different with JD away, so Joel takes over to discuss the election results, share some exciting updates, and give a brief commentary on this week's economic data. Quote of the Week: When the righteous [a]are in authority, the people rejoice; But when a wicked man rules, the people groan. – Proverbs 29:2 The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Gold hit an all-time high of nearly $2,800 this week, closing at $2,735 (down $11 since last week) and silver at $32.44 (down $1.25). JD and Joel discuss gold's new all-time high, how economic weakness, elections, and central bank moves are impacting demand for gold and silver. APPROXIMATE TIMESTAMPS 00:00 - Introduction and Seasonal Reflections 02:23 - Economic Data Overview 06:43 - Market Reactions and Predictions 10:55 - Gold's Performance and Central Bank Strategies 15:42 - Understanding Intrinsic and Melt Value 20:38 - Looking Ahead: Upcoming Economic Indicators Quote of the Week: The fundamental problem is that, while we might wish to delegate all problems to government, there are many which the government is simply incapable of solving. A government can enforce rules and provide a framework within which people can work together, but it can neither foresee nor direct all of the effects of individual choices within the market.” - Friedrich Hayek The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Gold closed this week at $2,746 (up $24 since last week) and silver at $33.69 (about the same). What could the second US bank failure of 2024 and the global BRICS Summit mean for gold and silver? OTHER TOPICS DISCUSSED -US Leading economic indicators fell by 0.5% in September -Citibank and Goldman Sachs analysts warn of slower growth -ECB Hints at continued Eurozone rate cuts -Bank of Canada lowers interest rates to 3.75% -IMF downgrades global growth forecast -OCC shuts down First National Bank of Lindsay -CME tightens margin requirements on gold and silver Key headlines for next week Quote of the Week: It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” - Henry Ford The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

Gold closed the week at $2,722 (up $65 since last week) and silver at $33.71 (up $2.19). We discuss the metals recent meteoric rise amid weak economic data and growing stress on major banks. We also unveil a new series on ancient wisdom. OTHER TOPICS DISCUSSED -Department of Labor reports 241,000 new unemployment claims -Empire State manufacturing index falls to -11.9 -Recent surveys shows 66% of voters view economy as "very or somewhat poor" -Junk silver sale at $1.95 above spot -Key headlines for next week -Modern Finance, Ancient Wisdom, www.schiffgold.com/research-analysis/old-testament Quote of the Week: Get wisdom, and whatever you get, get insight. Prize her highly, and she will exalt you." - Proverbs 4:7-8 The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

Gold closed the week at $2,657 (up $5 since last week) and silver at $31.52 (up $0.67)! We discuss the economic aftermath of Hurricane Milton, crashing Chinese stocks, and terrifying credit card interest rates. OTHER TOPICS DISCUSSED -September Core CPI data above expectations at 0.2% -Jobless claims jump 33,000 to 258,000 -Consumer sentiment falls to 68.9 -Credit card interest rates reach average of 30.45%  -The economic impact of Hurricane Milton and Helene -Key headlines for next week Quote of the Week: Whoever eats up, robs, and steals the nourishment of another, that man commits as great a sin as if he had strangled or starved such a person to death... such is the sin of usury." -Martin Luther The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Gold closed the week at $2,652 (down $6 since last week) and silver at $32.19 (up $0.57). Investment banks are setting higher targets for gold as monetary warning signs flash faster. OTHER TOPICS DISCUSSED -ADP jobs below 200k for sixth straight month -Unemployment rate drops to 4.1% -Reverse repo cash surges $465b in New York Fed -Goldman Sachs announces new $2,900/oz gold target -August PCE is down, suggesting even more rate cuts to come -Key headlines for next week Quote of the Week: Inflation is the number one issue that people are feeling across this country. It's hurting middle-class families. It's hurting working-class families. And it's going to be the big factor in the 2024 election." -Florida Governor Ron DeSantis The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Gold closed the week at $2,658 (up $37 since last week) and silver at $31.62 (up $0.47). We discuss the drivers of this week's new highs, stalling homebuying, and key news next week. OTHER TOPICS DISCUSSED -Consumer confidence plunges to lowest level since 2021 -US GDP revision reports 3.0% growth in spring -August PCE is down, suggesting even more rate cuts to come -Survey shows 82% of 2024 homebuyers express doubts -China announces $280 billion bond campaign to save collapsing real estate -Swiss National Bank cuts rates, following ECB Quote of the Week: Gold is money. It's still, by all evidence, a premier currency, where central bankers hold it." -Ron Paul The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Start EVERY day the Chuck Norris Way with Morning Kick! Get the JOY discount on Morning Kick HERE: www.chuckdefense.com/JoyYears ago, I read a cartoon book that was brilliantly written, tackled complex economic principles in simple terms and completely changed my thinking about finance and markets. It was called ‘How An Economy Grows & Why It Crashes' by Peter Schiff. The book untangled many economic fallacies, cleared my thinking and helped explain the beauty of FREE markets.That was about ten years ago and ever since that formative experience, I have been trying to land an interview with Peter Schiff! Well, as you can imagine I am SO glad to finally welcome him today on the The Shannon Joy Show. It's been a long time coming and the timing is impeccable.Because, everyone senses that something is VERY wrong in our economy today.This election season features two political candidates who have completely abandoned even a semblance of fiscal responsibility. The numbers are astronomical, the debt-driven political promises are utterly ridiculous and it would all be laughable if it weren't so devastating.But alas, after 60 years of accelerating debt and reckless deficit spending, it seems like the the fat lady is about to sing for the American economic system and dollar supremacy.This puts you and your family in the crosshairs for financial devastation brought on by years of BAD economic policy from useless, cowardly and corrupt politicians.But you don't have to be a victim. You CAN take control and thrive amidst the chaos.I am honored to welcome the relentless truth-teller, Peter Schiff on the SJ Show today to learn about the economy, our financial system, why it is hopelessly broken and how we can survive the coming economic storm and hopefully be around to fix it in the future.______________________________________Show Resources:Get the book!'How and Economy Grows and Why it Crashes'https://www.amazon.com/How-Economy-Grows-Why-Crashes/dp/047052670XFollow Peter on Socials:@PeterSchiff on YouTube, Twitter/X, Instagram, FacebookPeter Schiff's Biography:Peter Schiff began his investment career as a financial consultant with Shearson Lehman Brothers, after having earned a degree in finance and accounting from U.C. Berkeley in 1987. A financial professional for over thirty years, he is the owner of Euro Pacific Asset Management, Chief Economist and Global Strategist for Euro Pacific Capital (a division of Alliance Global Partners), and Chairman of SchiffGold (a precious metals dealer based out of Manhattan). He is also the host of The Peter Schiff Show Podcast. An expert on money, economic theory, and international investing, Peter is a highly recommended broker by many leading financial newsletters and investment advisory services. Peter achieved national notoriety in 2008 as being one of the few economists to have accurately forecast the financial crisis well in advance. Between 2004 and 2006 he had made numerous high-profile statements predicting the bursting of the real estate bubble, significant declines in national real estate prices, the collapse of the mortgage market and the banking sect Extra special bonus from Field of Greens!!!!Plug in the promo code SHANNON for an additional 15% off your purchase!Go to www.fieldofgreens.com to shop and save! Support the showPlease Support Our Sponsors! Achieve financial independence with Colonial Metals Group!!! Set up a SAFE & Secure IRA or 401k with a company who shares your values and supports this show! Learn about your options HERE ——>https://colonialmetalsgroup.com/joy

Gold closed the week at $2,621 (up $43 since last week) and silver at $31.15 (up $0.44). This episode explains in-depth the massive Fed interest rate cut announcement. A new phase of higher inflation and metal prices begins now. OTHER TOPICS DISCUSSED -Global central banks target lower rates -Leading indicators for US Economy sink 0.2% in August -Monthly Jobless claims fell modestly (219,000 vs. 229,000 expected) -Amazon and Walmart change to adopt to government anti-trade order -Key headlines to look out for in week ahead Quote of the Week: "In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value" -Alan Greenspan The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Gold closed the week at $2,577 (up $82 since last week) and silver at $30.71 (up $3.18). This episode covers the cause of gold's new record high, big interest news next week, the Trump-Harris debate, and a retrospect of the year for precious metals. OTHER TOPICS DISCUSSED -Core CPI above expectations at 0.3% month-on-month -ECB lowers rates target rate to 3.5% -Banking buzz from Berkshire sales and Ally's tanking stock -Gold up 25% this year Key headlines to look out for in week ahead Quote of the Week: "I would dedicate my life to this country but I see it as being a mean life, and I also see it that somebody with strong views and somebody with the kind of views that are maybe a little bit unpopular, which may be right, but may be unpopular, wouldn't necessarily have a chance of getting elected against somebody with no great brain but a big smile and that's a sad commentary for the political process." -Donald Trump The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Why does Bitcoin sucks and is inferior to Gold? Peter Schiff is a financial commentator and economist that is relentlessly bullish on gold and a famous skeptic of bitcoin and cryptocurrencies. He covers a ton of ground in this podcast, from what money really is, why gold can't be disrupted as the ultimate store of value, why we should abolish the Federal Reserve and principles to grow your wealth. ------

Gold closed the week at $2,495 (down $8 since last week) and silver at $27.89 (down about $1). This episode unwraps layers of poor jobs data, yield curve inversion and the coming recession, and what this could mean for gold and silver prices. OTHER TOPICS DISCUSSED -ADP jobs report 99k new jobs in August, short of 144k forecast -BLS non-farm payroll show disappointing increase of 142k -NYT challenge the BLS -US treasury yield inversion forewarns of recession -Should you buy at all-time highs? Key headlines to look out for in week ahead Quote of the Week: The plans of the diligent lead surely to abundance, but everyone who is hasty comes only to poverty." -Proverbs 21:5 The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Gold closed the week at $2,502 (down $10 since last week) and silver at $28.83 (down about $1). This episode we discuss recent price action, the historic volatility in September and October, and economic weakness from Germany to China. OTHER TOPICS DISCUSSED -US Consumer confidence reaches 6-month high at 103.3 -Q2 GDP numbers revised upward to 3% -US jobless claims about at expectations at 231,000 -German business climate index drops to lowest level since summer 2020 -Chinese retailer Temu's parent company suffers $50b+ market cap wipeout  -Key headlines to look out for in week ahead Quote of the Week: "The four most dangerous words in investing are: 'This time it's different.'" -Sir John Templeton The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Gold closed the week again near an all-time high at $2,512 (up $6 since last week) and silver at $29.82 (up $0.82). This episode we discuss Powell's interest rate declaration, precious metals prices, a major BLS jobs mistake, and gloom for the boomer generation. OTHER TOPICS DISCUSSED -Fed Minutes and Powell Jackson Hole Speech -Demand spikes for comex gold deliveries -BLS: Job since 2023 overstated by 818,000 -57% of S&P 500 firms miss revenue expectations -June-July US auto sales down 10% -Fed: 43% of boomers have no retirement savings Quote of the Week: "It's not the return on my investment that I'm concerned about; it's the return of my investment." -Will Rogers The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com The above references an opinion and is for information purposes only. It is not intended to be investment advice.

Gold closed the week near a new all-time high at $2,506 (up $76 since last week) and silver at $29.00 (up $1.55). We discuss gold prices, the strong PPI and inflation data, why the deficit situation is even worse than it seems, and whether the Fed will be forced to return to QE. OTHER TOPICS DISCUSSED -Dollar hits 5-month low -July deficit reaches whopping 42.5% of federal spending -Home Depot suffers 3.6% sales decline -Luxury goods decline as doom spending rises -Anniversary of closing of gold window -Powell and Jackson Hole -Key headlines to look out for in week ahead Quote of the Week: "Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens." -John Maynard Keynes The above references an opinion and is for information purposes only. It is not intended to be investment advice. The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

Gold closed the week at $2,430 (down $12 since last week) and silver at $27.45 (down $1.09). Last week's bad jobs news cascaded with a Japanese economic crisis resulting in a selloff across global markets. At one point the S&P dropped over 200 points and the Dow plummeted more than 1,000 points. We discuss this week's market panic, consider whether it has recovered and whether something worse looms ahead. OTHER TOPICS DISCUSSED -VIX Fear gauge hits highest level since start of COVID -Japanese stock market has worst day since 1987 -Brokerage companies have issues with outages -Iran-backed militia attacks US airbase in Iraq -Berkshire Hathaway sells $75+ billion in stocks -Key headlines to look out for in week ahead Quote of the Week: "There is no asset as secure as physical gold held in your own possession. It is not someone else's liability or promise to pay. It has no counterparty risk." -Rick Rule The above references an opinion and is for information purposes only. It is not intended to be investment advice. The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

Gold closed the week at $2,442 (up $56) and silver at $28.54 (up $0.64). Terrible jobs numbers this week struck fear in the markets and in the Fed. As recession warnings flash, precious metals are up. Could they go even higher soon? OTHER TOPICS DISCUSSED -VIX Fear gague spikes above 30 -Intel down 30% and ready to cut 15,000+ jobs -Olympics pistol shooting -Fed keeps interest rates unchanged at 5.25% - 5.50% -Nonfarm payroll at 114k jobs vs. 176k expected -Trump and SEC chairman Gary Gensler Quote of the Week: In the short run, the market is a voting machine, but in the long run, it is a weighing machine." -Benjamin Graham The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

Gold closed the week at $2,387 (down $13) and silver at $27.91 (down 4.7%). This week's GDP numbers give the illusion of a strong economy. In reality, the economy remains insecure. The Fed must cut rates; the recent dip in precious metals prices is unlikely to last. OTHER TOPICS DISCUSSED -Why gold and silver prices are down this week -Record high home prices amid inflation slow sales -Consumer sentiment hits 8-month low -US stocks fall after Tesla's earnings miss -Experian: Average American debt reaches $104k -SECURE Act 2.0 reveals economic insecurity Quote of the Week: "Beware of little expenses; a small leak will sink a great ship." -Benjamin Franklin  The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

Gold closed the week at $2,405 (down $5) and silver at $29.30 (down 5%). The US Federal Reserve is growing increasingly worried about the economy as recent data flash even more warning signs. Investors are rushing to gold and silver, pushing prices to all-time highs. The recent dip creates a buying opportunity, especially for silver. OTHER TOPICS DISCUSSED -Friday's global tech crash -Why small changes to interest rates cause big changes to asset prices -The Trump assassination attempt -Leading economic indicators (LEI) slide 0.2% in June, signaling slowing economy -6.6 Score in NY Manufacturing survey signals 8-month manufacturing contraction -Jobless claims rise by 243,000 (14,000 more than expected) -Builder confidence wanes: Home prices fall to seven-month low CME FedWatch tool shows September rate cut odds at 98.1% Quote of the Week: Economic freedom is the foundation of all other freedoms.”  -Frederic Bastiat The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

Gold closed the week at $2,410 (up $19) and silver at $30.77 (down $0.43). JD and Joel interview Representative Ken Ivory, the man behind Utah's recently-passed HB 348 law. This law enables the state to invest 10% of its $1.4 billion rainy day fund into gold and silver, stored in Brinks Salt Lake City. They also unpack the big CPI news and Fed rate cut expectation. OTHER TOPICS DISCUSSED -Official June inflation data comes in below estimates (Core CPI reads 0.1%) -CME FedWatch tool shows September rate cut odds at 96% -Wholesale prices increased (PPI data at 0.2%, above 0.1% forecast) -Consumer sentiment at 8-month low due to frustration with inflation Quote of the Week: “Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world.”  -Henry Kissinger The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com