What’s Up With Fed Chair Jerome Powell? Friday Gold Wrap 1.11.19

What’s Up With Fed Chair Jerome Powell? Friday Gold Wrap 1.11.19 from Schiff Gold

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.

Attention focused back on the Federal Reserve this week with the release of the minutes from December’s FOMC meeting and a couple of speeches by Fed Chair Jerome Powell. All of a sudden, the central bank has gone wobbly on hiking interest rates. Peter Schiff called Powell’s new direction “uber-dove.”

Keep in mind, it wasn’t long ago that Powell was sounding hawkish and talking about pushing ahead with tightening. So, what’s up with Powell? What’s changed? Mike Maharrey talks about that, along with this week’s economic and gold-related news on your Jan. 11, Friday Gold Wrap.

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.

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Peter Schiff

Mr. Schiff began his investment career as a financial consultant with Shearson Lehman Brothers, after having earned a degree in finance and accounting from U.C. Berkeley in 1987. A financial professional for more than twenty years, he joined Euro Pacific in 1996 and served as its President until December 2010, when he became CEO. An expert on money, economic theory, and international investing, he is a highly sought after speaker at conferences and symposia around the world. He served as an economic advisor to the 2008 Ron Paul presidential campaign and ran unsuccessfully for the U.S. Senate in Connecticut in 2010.