The third quarter GDP data came out this week and it looks like the recession is over. (If there ever was one.) But in this episode of the Friday Gold Wrap podcast, host Mike Maharrey digs into the data and says, “Not so fast!” He also talks about a mainstream economist who sounds a lot like Peter Schiff and a big problem brewing with diesel fuel.
Topics Covered
- A breakdown of the Q3 GDP data
- Other economic indicators flashing recession
- Economist Nouriel Roubini says the Fed will “wimp out” on its inflation fight
- The dollar and gold
- A looming diesel fuel shortage and the future of green energy
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below.
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.
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SHOW NOTES
Economist Nouriel Roubini: The Fed Is Going to Wimp Out in the Inflation Fight
Peter Schiff: Fed Folds With a Soft Pivot
Fiscal 2022 Budget Deficit Blows Past $1 Trillion
Comex Update: At This Rate Silver Metal Will be Gone in Months
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Author SchiffGold