I meet with Florian Grummes regarding the economy and precious metals markets. We discuss the following points:

Negative interest rates and what the Fed may do;
Why gold becomes more attractive as interest rates fall;
Gold's chart is overbought now but he thinks it will retest $1900;
We are in the final stage of the fiat money system;
Velocity of money is down due to COVID;
COVID's affects are accelerating gold bull market;
COVID economy is complicated as lock downs are still in effect;
Money supply is creeping into system and causing inflation;
Austrian economist's description of final expansion of money and credit until crash;
Hyperinflation is a possibility given the current direction of the central banks;
Next year he believes gold will break $2000.

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