(Money Metals News Service) In this episode of the Money Metals Midweek Memo, host Mike Maharrey challenged what he described as a deeply flawed mainstream narrative surrounding gold, inflation, and interest rates. Drawing parallels to common myths passed down through generations — like cracking knuckles causing arthritis or bread crust containing more vitamins — Maharrey argued that repetition does not make an idea true.
According to Maharrey, mainstream financial media outlets such as CNBC and Fox Business are pushing the idea that gold and silver prices are under pressure because the Federal Reserve may keep interest rates “higher for longer” in response to inflation tied to escalating oil prices and the ongoing U.S.-Iran war. Gold has reportedly fallen more than 11% from its January high above $5,100 an ounce, while silver has also struggled to regain upward momentum.
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