GoldSeek Radio Nugget - David Haggith: Gold's Consolidation, Stealth Recession

David Haggith, head of The Daily Doom: www.thedailydoom.com, joins the show with gold posting a new all-time record close. We record another Saturday economic update with his insights on the FOMC meeting and outlook on the domestic economy.

- David notes jobless claims sharply increased, increasing recession fears.
- What is the Sahm Rule and how does it apply to the domestic economy?
- The Sahm Rule suggests we are in a stealth inflation.
- The Sahm Rule is 100% accurate over a 50 year period!
- Is the CPI, a key inflation figure, headed lower?
- Gold closed at a new all-time record high, is $3,000 inevitable?

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