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:
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