Inflation Insanity Continues – Ep 848
The Peter Schiff Show Podcast
00:00
Bitcoin Closed Out the Week at a 36% Discount to NAV
Gold was down about 3% it closed out the week at 1,645 again getting clobbered in the final two days of the week because inflation surprised to the upside that should be good news for gold instead. Bitcoin also got clobbered on Thursday following the CPI in fact it almost broke 18,000 it got below 18,200 and then it reversed and rallied back with all of the other risk assets. The grayscale trust is once again trying to pressure the SEC through a lawsuit to approve converting the trust into an ETF but I don't think they're going to be able to get the SEC to change his mind.
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