Gold and silver are up again this week and poised to sail away once the Fed lowers interest rates. Joel and JD discuss recent price action, meme stocks, Fed policy, and what to look out for before prices rise further. OTHER TOPICS DISCUSSED -Gold is trading at $2,376 (up $16 since this time last week) -Silver is trading at $29.59 (up $1.45 since this time last week) -BLS Inflation figures for April below expectation (0.3% vs. 0.4% expected) -Meme stocks are on the rise; Game stop and AMC up nearly 4x and 3x, respectively. Quote of the week from Charlie Munger: A lot of people with high IQ’s are terrible investors, because they have terrible temperaments. 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. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

With mother's day around the corner, gold is up almost $60 on the week after bad jobs numbers and terribe consumer sentiment sours economic expectations. The Fed is more likely to lower interest rates sooner, but it's too late to save the economy from the inflation to come. OTHER TOPICS DISCUSSED -Gold is trading at $2,360 (up $58 since this time last week) -Silver is trading at $28.14 (up $1.60 since this time last week) -Jobless claims rise 22,000 to 231,000, well above expectations -UMich consumer sentiment dips to 67.4, a one-month decline of 12.7% Quote of the week from Mises: The classical or orthodox gold standard alone is a truly effective check on the power of the government to inflate the currency. Without such a check all other constitutional safeguards can be rendered vain. 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. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

Joel and JD unravel the shocking economic turmoil of the week, spotlighting the catastrophic collapse of Republic First Bank, alarming jobs data, and Powell's foreboding speech. With the Fed confessing anxiety about inflation and pulling rate cuts off the path, it's now clear: we're in dangerous territory with no guard rails in sight! OTHER TOPICS DISCUSSED -Gold is trading at $2,302 (down $35 since this time last week) -Silver is trading at $25.60 (down about $0.65 on the week) -Economy adds 175,000 jobs in April (25,000 less than expected) -Unemployment rises to 3.9% Quote of the week from Ron Paul: If people think the gold price up and down is a reflection of something wrong with gold, no - I say it is something wrong with the dollar. 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. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

JD and Joel unpack Peter's latest podcast and the economy's current path toward stagflation. We look at this week's price action, macroeconomic data, dragons, Jordan Peterson and gold. OTHER TOPICS DISCUSSED -Gold is trading at $2,337 (up $55 since this time last week) -Silver is trading at $27.20 (down about 5% on the week) -CME Fedwatch tool slates the Fed to lower rates first in November -Q1 GDP came out at just 1.6% (versus the expected 2.2%) -Core PCE (year-over-year) came out higher than expected at 2.8%  Quote of the week from Jordan Peterson: If you run from the things you are afraid of, you run from exactly what you need to find. Dragons hoard gold because the thing you most need is always to be found where you least want to look. 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. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

JD and Joel interview Dr. Charles Steele, Chairman of Economics, Business, and Accounting, at Hillsdale College. We discuss national debt, dollar default, Austrian economics, Von Mises, green energy bills, and space economics. OTHER TOPICS DISCUSSED -Gold is trading at $2,392 (up $57 since this time last week) -Silver is trading at $28.66 (up about 3% on the week) -Powell admits "lack of further progress" with inflation -S&P 500 down 3% since this time last week -NY Manufacturing down for the fifth straight month 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. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

JD and Joel discuss gold's underrated new all-time high, silver nearing $30 per oz, higher-than-expected inflation, the Fed's response, and why buyers today can expect to pay lower premiums. OTHER TOPICS DISCUSSED -Gold is trading at $2,335 (about the same as last week) -Silver is trading at $27.91 (up about 2% on the week) -CPI inflation data comes out at 3.5% year-on-year (exceeding the expected 3.2%) -UMichigan Survey shows consumers gloomier than expected (77.9 vs. expected 79.3) -Why waiting for lower spot prices might mean higher premiums Quote from Ron Paul: "When monetary policy destroys the currency, it always destroys the middle class.” 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. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

JD and Joel discuss gold's new record high and silver's tear upwards, an earthquake in NYC, headline jobs numbers, and Peter's most recent podcast. OTHER TOPICS DISCUSSED -Gold is trading at $2,329 (up $100 on the week) -Silver is trading at $27.46 (up about 10% on the week) -Fed governor Adriana Kugler's dovish comments push gold above $2300) -Nonfarm payrolls come in above expectations (303,000 vs. 200,000) -The recent spike in commodities -Peter Schiff's recent podcast -Alan Greenspan's affinity for Rothbard Quote from Murray Rothbard: It is easy to be conspicuously 'compassionate' if others are being forced to pay the cost.” 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. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

JD and Joel discuss gold's breakout past the $2,200 resistance level. Higher prices are driven by a dovish Fed, weakness in the dollar, and poor economic data. This week they also discuss Peter's most recent appearance. OTHER TOPICS DISCUSSED -Gold is trading at $2,233 (up $78 or about 3.5% on the week). -Silver is trading at $24.79 (up $0.31 or over 1% on the week). -Consumer confidence dips on popular pessimism about US -economic future -PCE inflation comes in at around expectations (0.3% vs. 0.4% expected) -The dollar has lost a fifth of its value in just four years. -DOJ Lawsuit against Apple -Francis Scott Key Bridge disaster -Peter Schiff's appearance on Anthony Scaramucci’s Show Quote from the Book of Proverbs: A false balance is an abomination to the Lord: but a just weight is his delight.” TOP ARTICLES THIS WEEK -What the Baltimore Bridge Disaster Could Mean for The Economy -Piketty's Inequality Con -Money Supply Dips For First Time Since November -New Peter Schiff Interview: We're Paying the Price for Deficits -Dollar Down 20% Since 2020, Biden Blames Greed -CFTC CoTs Report: Managed Money Still Driving Prices 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. For more information visit schiffgold.com/news. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

JD and Joel discuss this week's Fed announcement. It caused new all-time highs in gold, but this all but confirms a coming inflation bloodbath. We also discuss ways the dollar can stay "strong" even amid high inflation. OTHER TOPICS DISCUSSED -Gold is trading at $2165 (up $11 or about 1% on the week). -Silver is trading at $24.66 (up $0.51 or 2% on the week). -Fed doubles down on 3 interest rate cuts in 2024. -Existing home sales in Feb. reach 4.38 million (versus the expected 3.95 million). -U.S. Leading economic indicators better-than-expected at 0.1 (versus -0.1%). -Peter Schiff's latest podcast. Quote from Jeffrey Tucker: “Freedom is the foundation for all wonderful things in life.” 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. 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. For more information visit schiffgold.com/news. SchiffGold on Instagram: www.instagram.com/schiffgoldnews SchiffGold on Twitter: twitter.com/SchiffGold SchiffGold on Facebook: www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com

JD and Joel discuss hotter-than-expected inflation data, Peter's recent podcast, TikTok, Twitter, and price action. OTHER TOPICS DISCUSSED -Gold is trading at $2155 (down $23 or about 1% on the week). -Silver is trading at $25.17 (up $0.87 or 3.5% on the week). -Q4 GDP grew $334 billion as national debt grew $834 billion, more than twice as much. -US House passes bill banning Tiktok unless it is sold. -Michael Saylor's wild Bitcoin speculation. -Peter Schiff reaches 1 million Twitter followers. -Peter Schiff's latest podcast. -Quote from Hayek: The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design." 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. 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. For more information visit schiffgold.com/news. SchiffGold on Instagram: https://www.instagram.com/schiffgoldnews SchiffGold on Twitter: https://twitter.com/SchiffGold SchiffGold on Facebook: https://www.facebook.com/schiffgold SchiffGold's website: https://www.schiffgold.com

JD and Joel discuss the new all-time highs in gold, Peter's recent podcast, the Fed's next move, and why silver is an especially good deal. OTHER TOPICS DISCUSSED -Gold is trading at $2178 (up $126 on the week) -Silver is trading at $24.30 (up $1.65 on the week) -Last Friday's Fed policy reports warned of risks to the financial sector -Nonfarm payrolls rose 275,000 for the month topping the forecast of 198,000 -CME Fedwatch tool shows significantly increasing expectations of lower interest rates -Peter Schiff's Podcast Quote from Noam Chomsky: The smart way to keep people passive and obedient is to strictly limit the spectrum of acceptable opinion, but allow very lively debate within that spectrum." SchiffGold on Instagram: https://www.instagram.com/schiffgoldnews/ SchiffGold on Twitter: https://twitter.com/SchiffGold SchiffGold on Facebook: https://www.facebook.com/schiffgold SchiffGold's website: https://schiffgold.com/