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Kerry Lutz's--Financial Survival Network


Aug 13, 2021

Summary:
Today I speak with Eric Hadik who has been spot on with precious metals predictions for years, and has unmatched insight in this field. Eric walks us through the 40 year cycles of currency wars that have taken place throughout history that allow us to comprehend what happens in the markets over time. We come to the premise that gold needs to look for something to drive it higher or lower in its current position, and finally discuss stocks and oil.

Highlights:
-Spot on with precious metals predictions for years—and
-Started by looking at gold from a very broad perspective
-in 2015 Eric describes 40 year cycles of currency wars throughout history
-Gold and paper money = opponents
-Inflationary numbers will continue to come out but also taper a bit
-Gold needs to look for something else to drive it higher or lower
-One of the biggest burden is that interest rates are going to start to take up a bit
-Stock market due for a second correction in August and September
-Precious metals and stocks set their major highs and lows very closely
-20% of publicly traded stocks aren’t making any money             -Oil - lowering/stabilizing

Useful Links:
INSIIDE Track Trading
Financial Survival Network