David Haggith, head of The Daily Doom: www.thedailydoom.com, rejoins the show with gold, silver and US equities indexes near all-time record closes. In this Saturday economic update, David reviews the charts offering insights on domestic inflation and unemployment.
- David correctly predicted inflation would remain a stubborn economic challenge.
- The PPI and PCI appear to be much more accurate than the CPI figure.
- Rising prices / inflation typically accompanies a higher gold price.
- Overview of the Establishment Survey and Household Survey; latest unemployment report.
- If the domestic economy is sluggish, why are US equities breaking records?
- The 4 year debt bear-market continues to prop up US equities indexes.
- Is the AI / AGI revolution responsible for much of the US equities advance; NVDA just reached a new all-time record over $1,200.
- Is the US on the cusp of a recession and how might this impact the markets?
- Gold recently touched $2,800 an all time record.
Please support the show by subscribing to our Substack with Gold Juniors and Investment Opportunities:
https://goldseekradio.substack.com/
About the author
Chris Waltzek is host, executive producer, writer/editor, best-selling author, webmaster, sound engineer and computer guru at Goldseek.com Radio. He earned his bachelors degree in Business Economics and holds a dual MBA in Business Economics & Information Systems. Upon graduation he worked as the firm-wide Industry Analyst at one of the nations largest law firms, Jones, Day, Reavis, Pogue. Chris is currently a Ph.D. student in Management / Finance at NCU.
