Episode Details
Back to Episodes
Gold Is Exploding To All Time Highs
Episode 718
Published 2 years, 1 month ago
Description
Gold is high but not on Waller. Fed Governor Chris Waller seems to have sparked the most recent jump in the metal, with people jumping all over their inference of some incoming Reverse Operation Twist. Untangling the fedspeak from so many huge misconceptions about gold - it is a TERRIBLE inflation hedge, as you'll see - in order to make sense of another legit red flag.
Eurodollar University's Money & Macro Analysis
FRB Christopher Waller Thoughts on Quantitative Tightening, Including Remarks on the Paper "Quantitative Tightening around the Globe: What Have We Learned?"
https://www.federalreserve.gov/newsevents/speech/waller20240301a.htm
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU