Skip to main content

GoldSeek Radio Nugget - David Haggith on Inflation and the Gold Price

 

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

Average: 5 (1 vote)

Newsletter Signup

GoldSeek Free Newsletters
GoldSeek Daily Edition
Gold & Silver Seeker Report
Gold Seek -- Peter Spina