Interest rates in the US will eventually go deep into negative territory. Here’s why, and here’s what it means for gold & silver…
Steve warns that interest rates in the US will eventually go deep into negative territory.
Steve believes the root of the problem is the fall in the energy return of investment (EROI) in the US, causing an unserviceable debt that requires negative rates.
Discussed in this interview:
01:35 Correlation between oil and gold prices.
05:43 Technical analysis contains clues of where prices will go
07:57 Gold and silver prices: Going higher in the long term but now overbought
09:50 Silver outperforming gold
13:39 Expect healthy correction ahead in this bullish trend
16:00 Gold silver ratio heading down
22:34 Trouble coming for energy I.O.Us(stocks, bonds, real estate)
25:23 Negative interest rates coming to the US