A Truly Independent Fed Would Criticize Bad Fiscal Policy – Ep 822
The Peter Schiff Show Podcast
00:00
Gold Mining Stocks Are Down More Than Nasdaq
Gold mining companies have been the nic victims of inflation so far anyway, instead of the beneficiary. Investors are optimistic about the ability of the fed to get rid of the inflation that it didn't even see coming and then assured us was transitory. If they could only anticipate a few moves ahead, they would see that inflation is not only here to stay, but that it's going to get much worse. But because investors haven't been able to anticipate those future moves, this has actually been a very bad environment for gold mining stocks.
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