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This compilation of financial-related insights includes videos from Steven Van Metre, Kitco News, Finance Log, and Liberty and Finance.
Steven Van Metre says major turmoil at two large financial firms could collapse the entire global financial system. Peter Grandich joins Michelle Makori on Kitco News to discuss a development in China that could have dramatic implications for 2024. Andrew Maguire joins Finance Log to talk about why all fiat currencies will soon become gold-backed. Alasdair Macleod joins Liberty and Finance to explain why gold currency won’t be a surprise.
Steven Van Metre
Aug 14, 2023
Major Turmoil at Two Large Financial Firms Threatens to Collapse the Entire Global Financial System
Kitco NEWS
Aug 14, 2023
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Peter Grandich, Founder of PeterGrandich.com, who discusses the importance of paying close attention to China, geopolitics, and the BRICS. Grandich weighs in on the U.S. economic outlook and gives his investment advice on four commodities with the best upside potential. He also discusses the junior miners and more.
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Finance Log
Aug 14, 2023
Gold’s price climbed in 2023, up as much as 9% in April. As of the end of June, the price is up around 4% yearly, around 1,920$ per ounce. The rise has been attributed to rising interest rates, stock market volatility, and instability in the banking sector. Andrew Maguire believes that a significant change regarding the price of physical gold is on the horizon. He suggests that in the future, there could be a situation where global fiat currencies become partly gold-backed, with central banks holding varying amounts of gold to back their issued currencies. This shift could lead to a higher gold price than the dollar and other currencies.
Maguire agrees that more and more people are using gold as a safe choice instead of treasuries to protect themselves from risks involving other parties. Historically, gold has been sought after as a “safe haven” compared to other assets like stocks or real estate. That’s because gold retains its value and liquidity even during economic downturns. He suggests that the Federal Reserve (Fed) must adapt to this changing landscape or face the risk of the dollar and bonds losing their value against gold.
We bring you the latest news, insights, and analysis on gold, silver, and copper. Our videos cover a wide range of topics, including gold price, gold prediction, gold price forecast, silver price, silver price prediction, copper price, market trends, investment strategies, and industry news.
We share interviews from experts like Rick Rule, Andy Schectman, Andre Maguire, Bill Holter, Marc Faber, Rafi Faber, Michael Oliver, Lyn Alden, Gareth Soloway, Greg Foss, Lawrence Lepard, Peter Schiff, Mike Maloney, Lynette Zang, and many others. Stay up-to-date with the world of finance and make informed decisions with our expert insights. Subscribe now and never miss a video!
Liberty and Finance
Premiered Aug 14, 2023
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“Almost without doubt” will the strain in the banking system cause further bank failures this year, says Alasdair Macleod, Head of Research at GoldMoney. The authorities in the West are likely to try to protect the status quo, but it’s not going to work, he forecasts. As the financial system shows more cracks, officials will choose to sacrifice the currency rather than the system. At the same time, more signs show that the BRICS, joined by the Middle East, are going to adopt a currency based on gold.
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