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/schiffgoldnewsSchiffGold on Twitter: twitter.com/SchiffGoldSchiffGold on Facebook: www.facebook.com/schiffgoldSchiffGold's website: www.schiffgold.com