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Peter Schiff: It’s a Double Whammy

schiffgold.com
 2021-06-07

Cover picture for the articleGold and silver whipsawed to end last week. Gold fell over $30 on Thursday when weekly jobless claims and the ADP private payroll numbers came in better than expected. But the yellow metal gained back much of the loss on Friday after a less than overwhelming Labor Department May jobs report. In his podcast, Peter breaks down the job numbers and comes to the conclusion that the economy is far weaker than anybody is admitting. Meanwhile, the Fed is still printing money. This is a double-whammy on the economy and a lot of people still don’t get it.

schiffgold.com

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