The Fed Will Lose an Inflation Fight – Ep 775
The Peter Schiff Show Podcast
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The Price of Gold Was Up About Two and a Half Lars on Friday, but It Wasn't Way Up
The price of gold was up about two and a half lars on friday, but it wasn't way up. Every time we get stronger than expected economic data, you get a sell off in the price of gold because traders react to that news by bracing for higher interest rates. But what these traders still don't understand is that it doesn't matter if the fed raises rates, because it's not going to raise them enough. Inflation is going to get worse no matter what the fed does, because the fed doesn't have the political will to actually raise rates high enough to fight inflation. If investors understood that, the price o goal would be sky rocketing. And eventually,
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