The Powell Put Is On! SchiffGold Friday Gold Wrap 02.01.19

Feb. 02, 2019 1:27 AM ETGLD, IAU, PHYS, SGOL, UGLDF, UGL, DGP, GLL, GLDI, OUNZ, DZZ, DGL, DGLD, DGZ, BAR, GLDW, GHS, UBG, QGLDX, AAAU, GLDM, IAUF1 Like
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Summary

  • The Federal Reserve held its Open Market Committee Meeting this week, and it looks like the Powell Put is on in full-force.
  • In this episode of the Friday Gold Wrap, Mike Maharrey talks about the Fed's uber-dovish tone and what might be coming down the road.
  • He also touches on the ever-climbing federal budget deficits and offers a quick overview of 2018 gold demand.

By SchiffGold

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

The Federal Reserve held its Open Market Committee Meeting this week, and it looks like the Powell Put is on in full-force. In this episode of the Friday Gold Wrap, Mike Maharrey talks about the Fed's uber-dovish tone and what might be coming down the road. He also touches on the ever-climbing federal budget deficits and offers a quick overview of 2018 gold demand.

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.

You can also listen on SoundCloud:

Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.

This article was written by

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SchiffGold is a full-service, discount precious metals dealer specializing in investment-grade gold and silver bullion. We offer a range of related services, from vault storage partners to physical gold IRAs. Renowned investor Peter Schiff founded SchiffGold in 2010 to provide a trustworthy source of bullion for his brokerage clients. Peter has always advised long-term investment in physical precious metals as an inflation-proof store of value. Unfortunately, he found far too many gold buyers were getting swindled by big companies pushing numismatics at high markups. SchiffGold is his answer — an honest gold dealer that sells only the most liquid bullion products in the world at the lowest possible prices.
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