đź”´ BREAKING NEWS!! COVID-19 Volatility for Gold, The Future of Gold, Silver & the Dollar
From GLOBAL NEWS PODCAST
The discussion centers around the forecast for a significant rise in the prices of precious metals, particularly gold and silver, predicting a major bull market akin to that of the 1970s. It highlights the historical context of previous market fluctuations, including the prolonged bear market for gold and silver that ended around 2011, and the implications of Federal Reserve policies on these markets.
Key Takeaways
- Brace for impact: we're entering a precious metals bull market reminiscent of the 1970s, not just a phase.
- The Fed's magic act—promising normalization—is the ultimate tablecloth trick; we're only left with levied dishes.
- In a debt-fueled economy, the Fed's rate hikes have proven harder to stomach than a sour grape.
- QE isn't just back—it's QE infinity, and the Fed's plate is fuller than ever, with no appetite for austerity.
- Contrary to the 80s, the Fed can't raise rates now; inflation isn't just a foe, it's the heavyweight champion.
Mentioned in This Episode
- Gold (concept)
- Federal Reserve (company)
- Peter Schiff (person)
- QE4 (concept)
- U.S. National Debt (concept)
- Endeavor (company)
- Dot-com Bubble (concept)
- Europe Pacific Asset Management (company)
- Kovac (concept)
- CPI (concept)
- Adrian Day (person)
- The Shift Report (media)
- Shift Radio (media)