Oct 1, 2021
To catch up on economic trends, I sit down with Gordon T. Long and talk all things economy including the precious metals, inflation, and the supply chain. There are problems ahead as we have said before, and we’re seeing some of these now in equity markets. Some of the latest concerns include liquidity shock, global growth shock, supply shock, and Chinese credit. Tune in to hear more from myself and Long about how these debacles came about, and what to expect in the coming months.
-What are the economic trends?
-Long states that there are problems ahead—we’re seeing these now in equity markets
-Silver is getting crushed; gold has hardly moved
-Silver is so prevalent in electronics
-Silver dropping means that there is a global growth concern since the dollar is spiking in parallel
-We are seeing a liquidity shock, global growth shock, supply shock/demand shock, and Chinese credit
-We are seeing higher commodity prices/higher consumer prices
-If all money is going into buying assets, it’s not turning money
-Inflation is looming
-Labor costs are going up—there is a shortage of workers
-There is a downside on precious metals before we hit the bottom
Financial Survival Network