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The Fallout After The Pandemic $2400 Gold & $47 Silver - Gary Wagner #4878
Currently unavailable
The Fallout After The Pandemic $2400 Gold & $47 Silver - Gary Wagner #4878
ratings:
Length:
38 minutes
Released:
Aug 25, 2020
Format:
Podcast episode
Description
The pandemic will end, but what happens to economic fallout? The most important thing is that gold has hit multiple record highs. We had a slight retracement last week. Investors were buying the dip. GLD has had the highest volume on record. Silver has tripled since March, but it hasn’t hit the $50 levels of its past peaks. Gold could be ending the year in the $2200-$2300 range. Gary was predicting $2060 gold for now in April. Silver will challenge and break $30. If gold keeps moving, silver will hit the $40-$50 range and perhaps above. The Fed’s bailouts have no upper limits. They’ll keep buying bonds as long as it takes. No economic recovery on the horizon. Dollar could decline to 88 before all is said and done. Precious metals will continue to have intrinsic value as money printing continues unabated. It’s a race to zero. Mines were closed for several months and the US Mint ran out of silver rounds. $34 on this leg of the rally and on the next it could go well over $47. Watch The Fallout After The Pandemic Interview here
Released:
Aug 25, 2020
Format:
Podcast episode
Titles in the series (100)
Welcome Back To The 1970's - "Transitory" Inflation - Dr. Michael Busler #5156: The 1970’s Are Back, With Inflation, Gas Lines, And Presidential Fiddling Inflation in April accelerated at its fastest pace in more than 12 years as the U.S. economic recovery kicked into gear and energy prices jumped higher, the Labor Department... by Financial Survival Network