A Byte-sized Bubble? SchiffGold Friday Gold Wrap. 2.23.2024

SchiffGold Friday Gold Wrap Podcast

JD and Joel discuss Peter's take on the record-breaking highs in stocks, driven by chip company NVIDIA's $277 billion Thursday rally. Is there a stock bubble driven by AI hype and low-interest rates? How might the Fed respond and what does this mean for gold? OTHER TOPICS DISCUSSED -Gold is trading at $2028 (up $28 on the week) -Silver is trading at $22.79 (down $0.04 on the week) -CME Fedwatch shows 97.5% of investors expect unchanged interest rates in March -Peter Schiff's latest podcast -What makes stock-picking riskier than ever -Wisdom from Charlie Munger -The week ahead Quote from Munger: "People calculate too much and think too little." 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 Twitter: https://twitter.com/SchiffGold SchiffGold on Facebook: https://www.facebook.com/schiffgold SchiffGold's website: www.schiffgold.com