Gold & Silver Plunge as the Fed's Inflation Trap Tightens

Coming up don't miss a wonderfully informative interview with Rhona O'Connell, Head of Market Analysis with StoneX Financial. Rhona has over 40 years of experience as a commodities analyst and is a recognized authority in the precious metals sector. Don't forget to also follow us on social media for more important precious metals updates! https://www.youtube.com/@Moneymetals | https://www.facebook.com/MoneyMetals | https://instagram.com/moneymetals/ | https://twitter.com/moneymetals | https://www.pinterest.com/moneymetals/

Gold and silver sold off sharply on Friday. The move was somewhat unusual because bond yields also dropped. This is typically supportive of gold. So, what happened? In this episode of the Midweek Memo, host Mike Maharrey explains the sell-off dynamics, why we could see more near-term selling pressure, and why he remains bullish on gold and silver in the long run. He also covers the October Fed meeting, emphasizing that a rate-hike pause was the logical move given the current economic dynamics. But what's next? Mum's the word! The Fed ain't talking!

Gold and silver investors are taking a major beating this  week, yet again, as both metals extend a painful losing streak that has now  totally wiped out all of their spectacular gains from earlier this year. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

Some people in tech circles are calling it Black October. AI has reached the point where it can blast through cybersecurity defenses that were once considered unbreachable. That means virtually anything digital can be hacked – including your bank account. But no matter how sophisticated your AI bot, you can't hack gold or silver.  In this episode of the Midweek Memo podcast, host Mike Maharrey explains the growing risk of AI hacking and how to protect yourself.  And as the holiday season approaches, Mike suggests a great gift that will stand the test of time, inspired by an amazing find in Bulgaria.

Coming up, we'll hear a tremendous interview with Przem Radomski, a CFA with decades of experience in the precious metal space, who has lots to say about various topics… including whether or not we're still in a precious metals bull market and much more... Don't forget to also follow us on social media for more important precious metals updates! https://www.youtube.com/@Moneymetals | https://www.facebook.com/MoneyMetals | https://instagram.com/moneymetals/ | https://twitter.com/moneymetals | https://www.pinterest.com/moneymetals/

Weren't we promised spending cuts? And it wasn't just President Trump. Joe Biden promised spending cuts several years ago. And yet the federal government just ran the third-largest budget deficit in history. In this episode of the Midweek Memo podcast, host Mike Maharrey uses a biased report claiming the deficit was due to tax cuts as a springboard to tell the whole story. He breaks down the data and explains the ramifications, all while dissecting misleading mainstream analysis.  He also explains why never-ending deficits are extremely important to gold and silver investors.

This week, Phillip Newman, founding partner and managing director of Metals Focus, discusses gold's resiliency and its stickiness above the $4,000 level and how central bank buying of the yellow metal also remains very consistent and robust. Don't forget to also follow us on social media for more important precious metals updates! https://www.youtube.com/@Moneymetals | https://www.facebook.com/MoneyMetals | https://instagram.com/moneymetals/ | https://twitter.com/moneymetals | https://www.pinterest.com/moneymetals/

China is stacking gold. Why? In this episode of the Midweek Memo podcast, host Mike Maharrey takes a deep dive into Chinese central bank gold buying, pinpointing the reason China is rapidly expanding its gold holdings. Simply put, it doesn't want to depend on dollars. Mike also explains that the de-dollarization trend goes well beyond China and could have significant ramifications for the U.S. economy.

This weeks interview features veteran market analyst Greg Weldon, who joins our own Mike Maharrey to explain why he sees growing danger in the bond market and more...  Don't forget to also follow us on social media for more important precious metals updates! https://www.youtube.com/@Moneymetals | https://www.facebook.com/MoneyMetals | https://instagram.com/moneymetals/ | https://twitter.com/moneymetals | https://www.pinterest.com/moneymetals/

The government spits out all kinds of economic data. Policymakers use it to make policy. But is it good data? Not so much. In this episode of the Midweek Memo podcast, Mike Maharrey explains how the government cooks the books using biased data, highlighting a recent revision to the Fed's "favorite" inflation measure.  These formulas matter because the government can use the cooked data to make things seem better (or worse) than they actually are. In this episode, Mike also offers "a nickel's worth of free advice" to help you avoid gold and silver scams.