The Illusion of Prosperity: SchiffGold Friday Gold Wrap 10.20.23

The economy is strong. The American consumer is resilient. Everything is great. At least that's the mainstream narrative. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey explains why it's all just an illusion of prosperity. Along the way, he covers the September retail sales data, Federal Reserve Chairman Jerome Powell's most recent speech, and the recent gold rally. You can visit the show notes page here: https://schiffgold.com/friday-gold-wrap/the-illusion-of-prosperity-schiffgold-friday-gold-wrap-oct-20-2023/ 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. For more information visit https://schiffgold.com/news. TOPICS COVERED - The illusion of prosperity - Retail sales surprise to the upside - Increasing retail sales doesn't necessarily mean what the mainstream says it means - Gold rallies - Jerome Powell channels his inner hawk - Global debt shoots through the roof