U.S. Headed Towards ‘Bankruptcy’; Gold Will Protect You, Everything Else Will ‘Get Crushed’

• Kitco NEWS
  The U.S. is headed for bankruptcy and economic decline, and the best way to protect your wealth is with #gold, said Yaron Brook, managing partner of BHZ Capital. “[Hyperinflation] is quite unlikely because we know how to deal with inflation, we know how to stop it, it’s just very, very painful. I think what we’re really in for is a very long period of stagnation, maybe combined with inflation, maybe now. One thing we’re not going to see is significant economic growth,” Brook told Michelle Makori, editor-in-chief of Kitco News.
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  Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
  Follow Yaron Brook on Twitter: @yaronbrook (https://twitter.com/yaronbrook)
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  0:00 – Direction of U.S. economy
  4:15 – Inflation and the U.S. dollar
  7:34 – Assets to buy, assets to avoid
  8:44 – Bitcoin as a store of value
  9:27 – Gold as legal tender
  11:00 – Central bank digital currencies

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