Gold Closes Above $2200: SchiffGold Friday Gold Wrap 3.29.24

SchiffGold Friday Gold Wrap Podcast

JD and Joel discuss gold's breakout past the $2,200 resistance level. Higher prices are driven by a dovish Fed, weakness in the dollar, and poor economic data. This week they also discuss Peter's most recent appearance. OTHER TOPICS DISCUSSED -Gold is trading at $2,233 (up $78 or about 3.5% on the week). -Silver is trading at $24.79 (up $0.31 or over 1% on the week). -Consumer confidence dips on popular pessimism about US -economic future -PCE inflation comes in at around expectations (0.3% vs. 0.4% expected) -The dollar has lost a fifth of its value in just four years. -DOJ Lawsuit against Apple -Francis Scott Key Bridge disaster -Peter Schiff's appearance on Anthony Scaramucci’s Show Quote from the Book of Proverbs: A false balance is an abomination to the Lord: but a just weight is his delight.” TOP ARTICLES THIS WEEK -What the Baltimore Bridge Disaster Could Mean for The Economy -Piketty's Inequality Con -Money Supply Dips For First Time Since November -New Peter Schiff Interview: We're Paying the Price for Deficits -Dollar Down 20% Since 2020, Biden Blames Greed -CFTC CoTs Report: Managed Money Still Driving Prices 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 schiffgold.com/news. 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