Matt says people need to protect themselves because government & central bank intervention will not be able to save the economy this time…
Gold and silver have undergone a significant downturn the last few weeks. But with the Fed continuing in an easing direction, Matt from Silver Fortune is still bullish.
Matt thinks as soon as gold moves above $1400, silver will take off.
An economic crisis is ahead, Matt says. He outlines six rules for the coming crisis:
1) It will take longer than people expect to arrive.
2) It will escalate faster than people think.
3) It’s not different this time.
4) It won’t be exactly the same as last time.
5) It will impact economic, geopolitical, political, and societal.
6) There will be destructive
One potential catalyst is the sovereign debt crisis in the U.S. The debt is growing too fast, and Matt says buyers for the debt are running out.
About the Interviewer
Journalist Elijah Johnson, Co-Host of SD Weekly Metals & Markets, vaulted onto the economic scene after launching his “Finance and Liberty” YouTube Channel, to which he’s been called “the 16 year-old smarter than Ben Bernanke”. As one of the youngest sound money advocates around, with a eye on the national debt, the US dollar, and the gold & silver markets, Elijah is on a mission to warn and educate his generation about the risks of the current financial system, and what people can do to protect themselves.