Dec 14, 2021
Summary:
There are a number of factors that contribute to the increase in
gold prices, so I sit down and speak with Todd “Bubba” Horowitz to
discuss some of the possible contributions to this phenomenon. The
Fed’s decision to increase interest rates has played a large role
in this, and so have the decrease in industrial production and the
overall decline of currencies. Tune in to hear more about why this
is happening, and what to expect in the near future.
Highlights:
-The Fed is going to increase rates on Wednesday most likely
-Typically a raise in interest rates isn’t the best thing for
precious metals
-Energy is twice as much as it was a year ago
-Industrial production around the world is going down
-The protracted decline of the Euro also plays a role in this
-With crypto, people are showing that they don’t believe in the
value of paper money anymore
-We’re starting to see increased M&A activity in the sector
-This year, 20 times more money went into the stock market than the
last 20 years combined
-Gold is one of the steadiest assets, even with its ups and downs
throughout history
-We are showing weakness, which is a concern in the short-term
Useful Links:
Financial Survival Network
Bubba Trading
U.S. Economy Headed for Disaster
with More Powell, Warns Bubba Horwitz | Stansberry Research
Everything is Going Up in Price with
Todd “Bubba” Horowitz