Gold Reaches New All-Time High

Image Source: DepositPhotosJD and Joel discuss the new all-time highs in gold, Peter’s recent podcast, the Fed’s next move, and why silver has become 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 latest 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.”

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