Yellen's Box And A Retail Bloodbath: SchiffGold Friday Gold Wrap Podcast Sept. 22, 2017
The SchiffGold Friday Gold Wrap podcast combines …
SchiffGold Friday Gold Wrap Podcast
September 22, 201710m 33s
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Show Notes
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. Visit https://schiffgold.com/news/
In this episode we talk about this week's hawkish Federal Reserve Open Market Committee meeting. Yellen indicated we can expect another rate cut this year, and announced the Fed will move forward with shrinking the balance sheet. We think Yellen and company are over-optimistic. In fact, Yellen has put herself in a box. We also talk about the Toys R Us bankruptcy and more generally discuss this year's retail bloodbath.
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.