Peter Schiff gets a lot of scoffers. "You've been saying the same thing for years and nothing has happened." It's easy to throw rocks from the peanut gallery. But Peter and others like him base the things they say on solid economic principles. The problem is, nobody has a crystal ball. We might be able to say what will happen, but it's impossible to say precisely when. In this episode of the Friday Gold Wrap, Mike Maharrey talks about the underlying economics behind what's going on in the econom...
Jan 18, 2019•11 min
Attention focused back on the Federal Reserve this week with the release of the minutes from December's FOMC meeting and a couple of speeches by Fed Chair Jerome Powell. All of a sudden, the central bank has gone wobbly on hiking interest rates. Peter Schiff called Powell's new direction "uber-dove." Keep in mind, it wasn't long ago that Powell was sounding hawkish and talking about pushing ahead with tightening. So, what's up with Powell? What's changed? Mike Maharrey talks about that, along wi...
Jan 11, 2019•12 min
For most of last year, we heard everybody from Donald Trump to the talking heads on CNBC gushing about the booming stock market. That is until it started to tank last fall. Meanwhile, gold and silver sat over in the corner alone, pretty much ignored by the mainstream. But did you realize that gold actually outperformed the S&P 500 last year? In this week's Friday Gold Wrap, host Mike Maharrey runs down the numbers. He also talks about the fatal conceit of central planners and gives you a rou...
Jan 04, 2019•12 min
It's the last Friday Gold Wrap of 2018. In the spirit of the season, Mike Maharrey looks back over the last year and speculates a little about what might be around the corner in 2019. He also covers some of the week's news, including the rollercoaster stock market ride and the so-called government shutdown. You can visit the show notes page here: https://bit.ly/2CCMFs7 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...
Dec 28, 2018•13 min
The Federal Reserve dominated the business news cycle this week. Investors thought maybe Daddy Powell would let the party keep going, but it looks like he's still planning on taking the punch bowl away. In this episode of the Friday Gold Wrap, host Mike Maharrey talks about the Fed's decision to hike rates and keep on hiking, and analyzes the carnage on Wall Street in the wake of the December FOMC meeting. You can visit the show notes page here: https://bit.ly/2V3sKcL Tune in to the Friday Gold ...
Dec 21, 2018•11 min
Friday Gold Wrap host Mike Maharrey is fed up this week. He's fed up with flip-flopping central bankers, big-spending politicians and destructive monetary policy. This week's episode isn't quite a rant. Mike covers quite a bit of news from this week. But by the end of the show, you'll understand why he's fed up. Heck, you might find yourself fed up too. You can visit the show notes page here: https://bit.ly/2SPQkYT Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and ...
Dec 14, 2018•12 min
The stock market rallied earlier this month on good news in the trade war. Then the stock market tanked on bad news in the trade war. But should we really be basing our investment strategy the latest trade war headlines? SchiffGold Friday Gold Wrap host Mike Maharrey doesn't really think so. In this episode, he looks at some more fundamental things we should be looking at - like what's really going on at the Federal Reserve. He also covers some interesting palladium news and more. Tune in to the...
Dec 07, 2018•11 min
This is a bonus episode of the Friday Gold Wrap featuring an It's Your Dime Interview with preparedness expert Suzanne Sherman. Are you prepared for a disaster? People tend to stereotype “preppers” as tinfoil hat wearing conspiracy theorists waiting for the zombie apocalypse. Suzanne Sherman busts all the stereotypes. Suzanne is a former lawyer from California who became passionate about preparedness living with the specter of California earthquakes. Now she has fully embraced the “prepper” life...
Dec 03, 2018•42 min
The Powell Put is on! The Federal Reserve chair shocked markets this week with comments indicating the central bank might be close to ending its tightening cycle. It was a sudden and dramatic shift from talking points coming out of the Fed just weeks ago. So, what gives? What did Powell mean? Was he sending a signal or are we reading too much into his comments? On this week's Friday Gold Wrap, Mike Maharrey breaks down Powell's comments and their impact on the markets. You can visit the show not...
Nov 30, 2018•12 min
In this special episode of It’s Your Dime, Mike Maharrey switches roles and becomes the interviewee. Mike recently appeared on Inside the News with Paul Jensen and Suzanne Sherman on K-TALK AM1640 in Utah to talk about the popping of the auto bubble and more generally how the Federal Reserve has set us up for the next big crash. Mike, Paul and Suzanne talk about the recent layoffs announced by GM. Mike explains how this is yet another sign that the Fed-induced bubbles are starting to pop, and ho...
Nov 28, 2018•17 min
In this special Thanksgiving week Friday Gold Wrap, host Mike Maharrey tells a true story of the Pilgrims most Americans never learn - how their two-year experiment with socialism nearly wiped out the colony, and how private property saved them. 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 https://schiffgold.com/news.
Nov 23, 2018•11 min
You wouldn't want to build a house on a rotten foundation, would you? Well, as Friday Gold Wrap Host Mike Maharey explains, the US economy has some rot in the foundation that the mainstream still hasn't noticed. But if you look closely, you can see it. In this episode, Mike shines a flashlight around that foundation and points out some of the rot - particularly in the real estate market. He also digs into the latest inflation numbers and investors' weird reaction to them. You can visit the show ...
Nov 16, 2018•10 min
We made it through the latest "most important election of our lifetime." So, what's next? In this week's Friday Gold Wrap podcast, host Mike Maharrey offers a little post-election analysis. Will it be gridlock? Or will Trump turn out to be a great dealmaker? Or something else? Mike also shares an interesting development in the global movement to de-weaponize the US dollar. You can visit the show notes page here: https://bit.ly/2PMcRrz Tune in to the Friday Gold Wrap each week for a recap of the ...
Nov 09, 2018•10 min
October was a brutal month for the stock market, but we've seen a bit of a rally the last few days. Most of the mainstream pundits seem to think this means the correction is over. After all, we're in the middle of an economic boom, right? But in this week's Friday Gold Wrap podcast, host Mike Maharrey is more doom and gloom than boom. After all, the fundamentals haven't changed. Interest rates are still going up and we are still loaded up on debt. Mike talks about it and also shares the highligh...
Nov 02, 2018•11 min
This bonus episode features the audio from Friday Gold Wrap host Mike Maharrey's interview with economist Mark Thornton. What can skyscrapers tell us about the state of the economy? A lot actually. In fact, you can predict economic crashes by looking at skyscraper construction, as Thornton explains. You can watch the video of this interview here: https://www.youtube.com/watch?v=vHz3O2vBt9E Mark Thornton holds his PhD in economics from Auburn University. He predicted the 2000 housing crisis sever...
Oct 31, 2018•51 min
Stocks suffered another drubbing Wednesday. It was the largest daily decline on Wall Street since 2011. But the market bounced back on Thursday and the mainstream still seems pretty certain this is all just a needed market correction. The pundits insist the economy is strong. But Friday Gold Wrap podcast host Mike Maharrey smells bears. In this episode, he explains why and provides some data to back it up. He also talks about why Donald Trump keeps lashing out at Fed Chairman Jerome Powell. In s...
Oct 26, 2018•11 min
It was another volatile week on Wall Street. Stocks rallied Tuesday and then plunged again on Thursday. Has the bubble popped? Are we seeing the beginning of a bear market? We all want conclusive answers. Unfortunately, nobody has a crystal ball. But there are dynamics we can look at to make an educated guess. In this week's Friday Gold Wrap podcast, host Mike Maharrey looks at the economic news of the week and explains why he thinks whether it's happening now or it's still a little way down the...
Oct 19, 2018•11 min
It was an ugly week on Wall Street with the Dow shedding more than 1,300 points in two days. Rising interest rates sparked the investor temper tantrum. So, is this the beginning of a bear market, or just a normal correction as all the pundits keep telling us? Mike Maharrey talks about it on this episode of the SchiffGold Friday Gold Wrap. By the way, it was a pretty good week for gold. Mike talks about that too. You can visit the show notes page here: https://bit.ly/2C9Oe0O Tune in to the Friday...
Oct 12, 2018•10 min
The yield on the 10-year Treasury hit its highest level in seven years this week. In other words, interest rates are going up. This isn't good news in a world flooded with debt. But most of the mainstream still seems pretty unconcerned, especially Trump supporters. They're convinced the president has fixed the economy. Unfortunately, they don't understand all of the dynamics and they are tripping down a primrose path to ruin. It's not all about tax cuts. In this episode of the Friday Gold Wrap p...
Oct 05, 2018•11 min
The Fed nudged up interest rates again this week and the price of gold dipped. The precious metals market hasn't offered a lot to get excited about in the last few months, but believe it or not, there are some gold bulls out there - even in the mainstream. A lot of people are realizing this might be a buying opportunity. SchiffGold Friday Gold Wrap host Mike Maharrey talks about it. He also discusses the latest Fed move and ponders a pretty poignant question: which rate hike will be the one that...
Sep 28, 2018•10 min
Stock markets hit record highs this week. It's yet another sign that everything in the economy is great! But there's a rotting foundation nobody is talking about. In this episode of the SchiffGold Friday Gold Wrap, host Mike Maharrey does. He also covers the latest goings on in the gold market, the trade war and how the Fed is still propping up the housing market. 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, alo...
Sep 21, 2018•11 min
The swamp is more expensive than ever! The U.S. government set a monthly spending record in August. The Treasury also borrowed more money than any August in history. In this week's Friday Gold Wrap podcast, host Mike Maharrey talks about this debt spiral. He also touches on a global movement to dethrone the dollar and a record silver-gold ratio. You can visit this week's show notes page here: https://bit.ly/2CSJXke Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and ...
Sep 14, 2018•11 min
Is this 2008 2.0? Gold and silver are certainly acting a lot like they did that year. And there are some interesting parallels between the debt crises facing some emerging markets today and the subprime mortgage mess in '08. In this episode of the Friday Gold Wrap, host Mike Maharrey talks about it. He also touches on the latest jobs numbers and the possibility the rate hike cycle could be close to the end. Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and politica...
Sep 07, 2018•10 min
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. There's been some progress toward a new NAFTA deal, but the trade war with China rages on. Meanwhile, the EU called Trump's bluff on a no-tariff policy. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about trade wars and their economic consequences. He also covers Jerome Powell's latest comments. Is the Fed getting more dovish? You ca...
Aug 31, 2018•10 min
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. In this episode of the SchiffGold Friday Gold Wrap, host Mike Maharrey ponders the $64,000 question. How long with the Fed keep pushing up interest rates? He also talks about Trump putting pressure on Fed chair Jerome Powell and breaks down the latest projections for gold mine output. You can visit the show notes page here: https://bit.ly/2Ne7X26 Tune in to the...
Aug 24, 2018•10 min
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. The world is partying like it's 2007. The stock market keeps going up. There is economic optimism as far as the eye can see. It feels a lot like it did right before the 2008 crash. In this episode of the SchiffGold Friday Gold Wrap, host Mike Maharrey talks about some of the things going on in the economy right now and why it looks a lot like the eve of the sto...
Aug 17, 2018•10 min
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. America is drowning in debt. Federal debt. Individual debt. Corporate debt. So what do the latest numbers on debt tell us? Nothing good. Friday Gold Wrap host Mike Maharrey looks at recently released consumer debt data and puts it in some economic context. He also talks about inflation and how the feds cook the books to make the deficit look better. You can vis...
Aug 10, 2018•10 min
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You've probably seen the headlines - gold demand is way down. So, why aren't you buying gold? Perhaps you're caught up in the mainstream's economic euphoria. But as Mike Maharrey discusses in this episode of the SchiffGold Friday Gold Wrap Podcats, the economy may not be as great as everybody thinks, and this may be the time to invest in gold. He also looks at ...
Aug 03, 2018•10 min
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. It seems like we've been playing a broken record over the last few weeks. The dollar is up; gold is down. But can dollar strength persist? Friday Gold Wrap host Mike Maharrey doesn't think so. In this episode, he tells you why and explains why he thinks there is an opportunity right now because gold is on sale. Tune in to the Friday Gold Wrap each week for a re...
Jul 27, 2018•10 min
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. Mike Maharrey is on vacation this week, so he pre-recorded a special episode of the Friday Gold Wrap. This week, he breaks down a US News article that offers five reasons gold is a bad investment. He doesn't agree with our intrepid journalists and takes apart his argument point by point. You can visit the shoe notes page here: https://bit.ly/2LBnGau Tune in to ...
Jul 20, 2018•12 min
