Comex Countdown: Quiet Before the Storm?
October 24, 2021 by SchiffGold 0 0 This analysis focuses on gold and silver physical delivery on the Comex. See the article What is the Comex for more detail. Both gold and silver are seeing quieter activity in Comex contracts. This is not atypical for October and November which are slow months in the lead up to December. Silver: Recent […]
Is Bitcoin a Better Inflation Hedge Than Gold?
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Gold and silver markets continue to gather upside momentum as inflation pressures spread throughout the economy. Gold prices are up 2.4% since last Friday’s close to come in at $1,817 an ounce. Silver, meanwhile, is up an impressive 6.2% this week to trade at $24.85 […]
Feds Run Second-Biggest Budget Deficit in History; Spending Up from 2020 Record
October 22, 2021 by SchiffGold 0 0 The federal budget deficit for fiscal 2021 came in at $2.77 trillion. It was the second-largest deficit in US history, coming in behind last year’s $3.13 trillion shortfall. Despite falling shy of the deficit record, Uncle Sam spent even more money in 2021 than it did during the depths of the […]
Ask Mike Anything: SchiffGold Friday Gold Wrap Oct. 22, 2021
October 21, 2021 by SchiffGold 0 0 In this episode of the Friday Gold Wrap podcast, host Mike Maharrey answers listener questions. Some of the topics covered include bitcoin, fractional reserve banking, the silver/gold ratio, gold as a safe haven, precious metals in a crisis, and more. The SchiffGold Friday Gold Wrap podcast combines a succinct summary of […]
What’s the Difference Between Naturally and Artificially Low Interest Rates?
October 21, 2021 by SchiffGold 0 0 We know that the Federal Reserve pushes interest rates artificially low by manipulating the federal funds rate (the target interest rate that commercial banks borrow and lend their excess reserves to each other) and using monetary policy maneuvers such as quantitative easing. But could we have low interest rates without Fed […]