The “Perfect” Market For Gold
Kitco News’ David Lin caught up with me on a variety of topics including gold, airlines, Fed policy, and more. I said that “it’s a perfect” market for gold due to rapid money printing and higher than stated inflation.
To fight the pandemic economic slump, central banks globally are printing money, which will cause currency debasement and make gold as an asset more attractive. Another factor pushing gold higher is inflation.
Official consumer price index (CPI) numbers say inflation is at just 1 percent, I believe it is much higher, as much as 8 percent.
Video Length: 00:07:49
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