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Palisades Gold Radio
Feb 26, 2022
Tom welcomes Stephen Flood CEO of GoldCore.
There are many concerns with the Fed’s mandates and he believes inflation is serious issue. Higher interest rates can reduce inflation but in doing so they will k**l the economy.
The leverage in the system is extraordinary. Should they increase rates it will k**l Wall Street. The Fed remains in a difficult place but they will attempt to ‘sweet talk’ the markets not unlike a therapist.
When people begin to realize the future is uncertain and begin tightening their belts that’s when gold prices shift en masse.
After the invasion of U*****e, there was a big sell-off in markets and gold s**t up until the Comex intervened. It certainly seems like there is m**********n in the markets. They don’t want to send a signal to the populace that things might be getting out of hand.
The current issues in Europe are likely going to exacerbate their energy problems. Lastly, Stephen gives us his thoughts on cryptocurrencies and he has some serious misgivings about these markets.
https://www.youtube.com/watch?v=P0Li8GuADns
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