Amidst rising global economic instability, central banks painted into a corner, and global stocks looking weak, Craig has some good news for gold investors…
With the world re-entering a period of greater economic instability, with the central banks painted into a corner, with global stocks looking weaker by the day, the price of gold is starting to shine again.
The yellow metal has recently hit all-time highs priced in a number of world currencies (the dollar not among them…yet).
Is this a short-term result of ‘risk-off’ fever as the markets have stumbled, to be undone during the next rally in stocks? Or are we seeing the beginnings of a more fundamental re-pricing of gold (and silver), as investors wake up to the currency risks created by more than quintupling the world money supply within less than a decade while simultaneously buring the economy under trillions of newly-minted debt?
Craig Hemke, better known by his nom-de-plume, Turd Ferguson, explains why gold looks like it finally has a brighter future ahead.
Tune-in to the interview in its entirety below: