SchiffGold

@SchiffGold

SchiffGold is dedicated to helping you turn paper into gold.

New York, New York
Joined April 2013

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  1. 17 hours ago

    Some visuals and historical data to provide greater insight and perspective into the recent jobs data.

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  2. Aug 7

    This analysis shows why the US Government is at much greater risk due to debt than even a few years ago.

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  3. Aug 7

    Get the latest news relating to and each week on the Friday Gold Wrap podcast.

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  4. Aug 6
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  5. Aug 6

    Spending money we don't have on things we don't produce is what passes for a strong . breaks it down.

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  6. Aug 6

    The trade deficit set another new record in June. Here's an in-depth breakdown.

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  7. Aug 6
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  8. Retweeted
    Aug 6

    In June a bunch of red states decided to end the federal $300 per week unemployment supplement to pay people to remain unemployed, and in July over 1 million people decided to go back to work. What a shocker!

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  9. Aug 5

    Inflows of into ETFs are significant in their effect on the world gold market, pushing overall demand higher.

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  10. Retweeted
    Aug 5

    Pres. claims the best way to fight is for the to print more money to fund infrastructure spending. Biden claims such spending will raise productivity, increasing the supply of goods to buy. In reality it will drain productivity and exacerbate inflation.

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  11. Aug 5

    We're making less stuff to buy, but we're creating more money and more demand to buy it. So, this is inflationary holocaust.

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  12. Aug 5

    Gold continues to flow into ETFs. After increasing holdings by 40 tons in the second quarter, funds globally added another 11.1 tons of gold in July.

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  13. Retweeted
    Aug 5

    The June U.S. trade deficit "unexpectedly" surged to a record high $75.7 billion, exceeding even the high end of expectations. Monetary and fiscal policy errors have caused severe structural damage to the U.S. economy. The results are on full display with horrific trade deficits.

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  14. Aug 5

    The recent acquisition of Afterpay by Square reveals the extent of this global bubble economy that will inevitably have to pop.

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  15. Aug 4

    What do you do when you run out of stimulus money?

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  16. Aug 4

    At some point producers will throw in the towel and pass on rising costs to their customers.

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  17. Aug 4

    Forbearance programs and stimmy checks have swept America's debt problem under the rug.

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  18. Aug 4
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  19. Retweeted
    Aug 4

    Hotter than expected news, July ISM Services Index showed prices rising at the fastest pace since 2005, and "hawkish" comments from the Fed's that interest rates may start rising in 2023, caused a $22 and 50 cent rally to evaporate. Crazy!

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  20. Retweeted
    Aug 4

    Today's release of a much weaker than expected June Employment Report, 330K jobs added verses 700K expected, the fewest since February, confirms that the labor market is cooling off just as is heating up. Stagflation is checkmate for the and the U.S. economy.

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