A new gold rush and other indicators

The Indicator from Planet Money

NPR

Business

4.7 • 9.5K Ratings

🗓️ 10 May 2024

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

Indicators of the Week is back! This time, we dig into why gold prices are spiking, why the Biden administration has only spent a small portion of money pledged to infrastructure projects, and what the spurt of streaming consolidations means for you.

Related episodes:
Gold Rush 2.0
The semiconductor shortage (still) (Apple Podcasts / Spotify)
The secret entrance that sidesteps Hollywood picket lines (Apple Podcasts / Spotify)

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Transcript

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0:00.0	NPR. This is the indicator from Planet Money. I'm Darren Woods here with Adrian Barr.
0:16.0	What's up? And Planet Money is Greg Rizzelski. Welcome Greg.
0:20.0	I'm just here to plug the newsletter. NPR.org slash Point Money newsletter, subscribe please?
0:24.7	Yes, if you are not subscribe to Greg's newsletter, you are missing out.
0:28.7	Love a good promo, but we are here for indicators of the week.
0:32.4	What? What?
0:34.0	What?
0:36.0	Okay, okay, let's save some of the energy for this segment
0:40.0	because we are here as always to bring some really interesting snapshots from the week of economic
0:48.0	news.
0:49.0	Today we're digging into why the price of gold has gotten so high.
0:53.0	We'll also talk about how the Biden administration is trying to spend
0:56.6	down hundreds of billions of dollars before the election.
1:00.0	And finally, we'll talk about why streaming services are all seeming to blend together these days.
1:06.0	Cable is back, baby.
1:08.0	Should we feel good about this? This
1:15.0	Support for this podcast and the following message come from Wise, the app that makes managing your money in different currencies easy.
1:22.0	With Wise, you can send and spend money. your money
1:25.0	at the money, and you can send and spend money internationally
1:26.0	at the mid-market exchange rate,
1:28.0	no guesswork and no hidden fees.
1:30.0	Learn more about how wise could work work for you at Wise.com.
	...

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