Last fall, Dr. Warburton outlined three bear threats to the economy & markets. Two threats have subsided for the moment, but one remains unavoidable…
Warburton says the threat of a bond yield spike which would halt the economic recovery has subsided. While no longer an immediate threat, if inflation picks up, then so could bond yields.
There is a threat to the economy that is unavoidable. Rising interest rates is causing a refinancing cycle.
Debt default cycles are coming, Warburton says.
In the midst of all this, Warburton says gold is going to be seen as a safer place to be.
He discusses how the rise in the gold price could impact gold mining stocks.
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.