Greg Hunter: Gold Could Take Off Like a Boomerang
Greg Hunter interviews Danielle DiMartino Booth, author of "Fed Up", says gold could take off like a hockey stick.
Topics:
- Quarter point rate hike by the Federal Reserve;
- Fed is making policy against their own rules -- politics and fear, as fed tightens into weakening economy;
- Debt and falling Treasury rates -- manipulation -- power of the printing press;
- Central bankers buying bonds and stocks;
- Yield curve points to trouble ahead;
- Gold market;
- Fed has yet to back off in the face of stock market declines;
- Investor's do not believe the Fed;
- Retails' trouble will spill into restaurants and other areas of the economy;
- Wealth effect on the way down;
- and more..
22 minute video by Greg Hunter published 20 June 2017
Source:
Greg Hunter's YouTube channel: USAWatchDog
USA Watchdog website USA Watchdog
USA Watchdog on SteemIt: @usawatchdog
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The gold market is completely and totally fabricated and suppressed. If gold paper certificates were actually called to be redeemed to physical gold - we would have a panic that is bigger than ever! I think gold is currently way undervalued already.
Agree! It seems criminal to me the way the paper gold and silver markets are used to manipulate the price.
Have a great week!
Steem on,
Mike
Like Warren Buffett said, gold is unproductive asset. It doesn't produce anything, just seat there and look pretty.
Not true. Gold is honest money... and I believe in honest money. "I believe in honest money, the gold and silver coinage of the Constitution, and a circulation medium convertible into such money without loss. I regard it as a flagrant violation of the explicit provisions of the Constitution for the Federal Government to make it a criminal offense to use gold or silver coin as legal tender or to use irredeemable paper money." - Ezra T Benson, United States Secretary of Agriculture 1968
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To say nothing of the Silver price manipulation!!
Both will be heading up, with Silver being even more undervalued than gold.
Both are buy and hold!!
I am long both gold and silver physical and stocks. I am looking forward to a price run (upward) in gold and silver.
Have a great week!
Steem on,
Mike
For every dollar I put into cryptos - I put 2 into Gold and Silver.
Sounds like a good strategy! I think you will do very well following that strategy.
Have a great week!
Steem on,
Mike
#GregHunter is an honest man gotta love his genuine contributions and reports to the betterment of humanity and whatever that's left of America. Sadly the only moonshot that we could possibly see from #Gold & #SILVER...would be trivial compare in percentage terms vs the #Cryptoverse assets. Don't fully bank all your eggs into 1 basket...#Diversification is the best practice.
Completely agree with diversification between different asset classes. And I do include cryptocurrencies as an asset class. And diversification among cryptocurrencies is good too.
Have a great week!
Steem on,
Mike