Feb 24, 2022
Summary:
Where are precious metals heading? I sit down with Robert Kientz to
discuss the future of the metals sector in consideration of the
inflationary circumstances. Ultimately, this sector does not always
move in the way we expect it to when unique conditions arise. As
the money supply increases and capitalism ceases to function
normally, it looks as if precious metals are moving at a different
rate than everything else. Tune in for more insights.
Highlights:
-Where are precious metals heading? Golds are right around the 1900
range
-There are a lot of geopolitical factors at play
-The fact that the US and its NATO allies are battling over area
means that something is coming
-When you have an inflationary spiral, businesses have to raise
prices a lot more, and these prices become much more
competitive
-When capitalism functions properly, prices are kept as low as
possible. Capitalism doesn’t work effectively when inflationary
spirals come about
-It’s not going to be long before people start wondering why the
precious metals aren’t going up in the same way as everything
else
-Every other commodity besides silver has made an all time high in
the last forty years—it may be a good idea to hold on to your
silver for now
-Gold hasn’t made a new nominal high in a couple of years
Useful Links:
Financial Survival Network
Gold Silver Pros