Garbage In, Garbage Out: SchiffGold Friday Gold Wrap 02.17.23

Garbage in, garbage out. The phrase is usually associated with computers, but it also applies to the formulas used to generate government economic data. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey goes over the January CPI and retail sales data with that phrase in mind. You can visit the show notes page here: https://bit.ly/3S56b5F TOPICS COVERED -January CPI undercuts the disinflation narrative -Market reaction to the CPI data -More bad inflation news in PPI data -Disinflation is transitory -January retail sales blow past expectations -The dark side of the retail sales report -Why we should maintain a healthy skepticism when looking at all these numbers 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.