A Crack In The Dam: SchiffGold Friday Gold Wrap 03.17.23

Friday gold wrap host Mike Maharrey has been saying something is going to break in the economy for months due to the Fede's monetary tightening to fight inflation. Last Friday, something broke. It was the first crack in the dam. The Fed rushed in to plug the leak, but was it enough? In this episode of the podcast, Mike talks about the response to these bank failures and the possible ramifications. You can visit the show notes page here: https://bit.ly/3ZUbxDX -What caused SVB and Signature Bank to fail? -The nuts and bolts of the bank bailout program -The likely impact of the bank bailout program -Inflation is still winning -The next round of the inflation fight -Market impacts 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.