Mario Innecco @maneco64 discusses how gold is climbing a wall of worry, with few people paying attention. In the midst of economic uncertainty, gold has remained steady, acting as a safe haven asset while other markets fluctuate. Innecco highlights that the current financial environment, including recent developments in Japan and the U.S., could signal the popping of "the everything bubble," driven by currency instability. Despite the chaos, gold continues to be a reliable store of value, maintaining its strength and importance in portfolios.
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INTERVIEW TIMELINE:
0:00 Intro
1:25 Stock market shakeup
5:33 The everything bubble
12:27 Emergency rate cut
15:00 Banking sector
17:25 Gold update
20:55 Maneco64
22:16 Weekly special
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