Interest rate control is running away on its own…
As “temporary” Fed Bond Repo injections are extended, increased, and still oversubscribed, interest rate control is running away on its own. And despite every effort to collar the gold price, recent massive long positions reveal that those in the know see new highs ahead, just as gold breaks out to levels not seen for 7 years.
Alasdair Macleod, Head of Research to GoldMoney.com, returns to Finance and Liberty to lay out his view of the year ahead for 2020, including: the end of the credit expansion cycle, deepening global recession, a banking crisis, monetary supply inflation with loss of buying power, and the need for families to protect themselves with sound money before it’s no longer available.
Worth a listen!