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Gold To New All-time-high When Fed QT Fails
This week, Dave Russell welcomes #DonDurrett of GoldStockData.com, who discusses systemic vulnerabilities and how the perception of them will lead to a decline in US predominance and a rise in Eurasia’s dominance. He believes that 2023 will be one of the best years for #gold and silver but for the time being it’s going to be a brutal summer!
And if you missed the previous episode with Ned Naylor Leyland, please click on this link: https://youtu.be/Rbvu7eSnAnk
Highlights from this episode
What are the major drivers influencing the price of gold?
Is gold being driven by uncertainty?
To get gold to $3,000, what do we need?
Why are the fiat currencies losing their value?
Why does Don not believe the stock market will crash?
Is America’s global dominance coming to an end?
Is Asia becoming the global financial center? Is this a sign that the era of the United States is nearing its end?
Why did the US become so aggressive on NATO expansion?
What impact would the BRIC countries’ upcoming dominance and the quest for a #NewWorldCurrency have on the global economy?
When do people actually buy gold and silver?
To find out more about Don Durrett visit: https://www.goldstockdata.com/
Twitter: https://twitter.com/DonDurrett
00:00- Intro
01:30- Drivers for gold prices
06:57- The Fed to pivot
09:06- The weakening of the dollar already began
12:50- The black swan event
16:33- Rise of China
23:35- Actual trigger for gold
29:32- Change in perceptions
37:42- Wrap up
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Ireland – https://www.GoldCore.ie
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