Yellen In A Box And A Retail Bloodbath: Gold Wrap Podcast

September 24, 2017
CEO of Euro Pacific Capital

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis.

In this episode, we talk about this week's hawkish Federal Reserve Open Market Committee meeting. Yellen indicated we can expect another rate hike 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.

Courtesy of

Peter Schiff

Peter Schiff, CEO of Euro Pacific Capital and author of the The Real Crash: America's Coming Bankruptcy.

Best Selling author Peter Schiff is the CEO and Chief Global Strategist of Euro Pacific Capital. His podcasts are available on The Peter Schiff Channel on Youtube.

China is the world’s biggest gold producer with more than 355 tons annually. Australia is second.

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