Larger Deficits Mean Higher Inflation
(Video length 00:50:00)
- Gold reacts counterintuitively to inflation fears.
- Fed changes the definition of transitory inflation.
- Q2 Productivity numbers disappoint analysts.
- Biggest government expansion of the welfare state since the New Deal and Great Society.
- Elizabeth Warren wants to sick the IRS on the middle class.
- AMC tries to pump their stock as a crypto play.
- Bitcoin will live and die by the gold sword.
Disclosure: If you are interested in storing your gold and silver abroad, SchiffGold’s Precious Metals ...
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#Gold has been the same price for 10 years… actually not a hedge against inflation at all… you lost 10 years of purchasing power. I see gold going to 1500 by this years end as more of that market cap will be going to #bitcoin.