Phillip Patrick, A major milestone was reached with the price of a gold bar surpassing $1 million for the first time

Phillip Patrick is a Precious Metals Specialist at Birch Gold. 

 

• Fed Chairman Jerome Powell recently declared victory over inflation. Do

you think this assessment is accurate, or is there more to the story?

 

• There's been news that the Bureau of Labor Statistics may have inflated

Biden's job creation figures by close to 1 million. How significant is this

error?

 

• Assuming interest rates are reduced in September as anticipated, what

kind of economic effects should we expect? What would be different?

 

• A few weeks ago, a major milestone was reached with the price of a gold

bar surpassing $1 million for the first time. Given the ongoing record-

breaking gold prices, is this an opportune moment to invest in gold?