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.
Subscribe to us and visit [ Ссылка ] for more financial videos and interviews with experts.
Social Media Links:
Instagram: [ Ссылка ]
Twitter: [ Ссылка ]
#gold #preciousmetals #inflation
![](https://s2.save4k.ru/pic/za1FRg5qZPw/maxresdefault.jpg)