17 min listen
The Precious Metals And Economic Factors That Influence This Market - Craig Hemke #5323
The Precious Metals And Economic Factors That Influence This Market - Craig Hemke #5323
ratings:
Length:
27 minutes
Released:
Nov 11, 2021
Format:
Podcast episode
Description
Summary: If you want expert insight on the precious metals and economic factors that influence this market, you won’t want to miss this episode. I sit down and chat with Craig Hemke about recent happenings, in which gold and silver broke the same number last week and are on the upward trend. There is a market inefficiency developing within gold, and this has to do with people buying into the idea of ‘transitory’ inflation. Highlights: -On the same day last week, gold and silver broke the same number and have been headed up ever since -The bank created 30,000 contracts and added them to the existing contracts, which diluted the flow -There is a market inefficiency developing within gold -This is due to market participants believing the transitory claims -When copper started taking off, this was the first hint that inflation wasn’t transitory -Gold is a global thing and is influenced by so many factors, so you have to keep your eye out for them -Even natgas is heavily influenced by geopolitics -Most of the people alive today don’t know what inflation really is—specifically the inflationary times of the 70s -So many countries have had hyper-inflation over the last 50 years, but a lot of Americans don’t understand that inflation never really left us -Inflation is going to stay and get a lot worse before it gets better Useful Links: Financial Survival Network TF Metals Report Miles Franklin
Released:
Nov 11, 2021
Format:
Podcast episode
Titles in the series (100)
Welcome Back To The 1970's - "Transitory" Inflation - Dr. Michael Busler #5156: The 1970’s Are Back, With Inflation, Gas Lines, And Presidential Fiddling Inflation in April accelerated at its fastest pace in more than 12 years as the U.S. economic recovery kicked into gear and energy prices jumped higher, the Labor Department... by Financial Survival Network