Gold Rebounding As Fed Signals No Rate Hikes | Jerry Robinson
- Liberty and Finance
This stagflationary environment is perfect for gold and silver. Precious metals are rebounding amid the latest Fed meeting that signaled a continuation of easy money policy. Stocks are also up, remaining near all time highs, even as economic data is dismal. GDP was 6.5% in Q2 2021, which was under expectations. “Bad news is good news” for the stock market, says economist Jerry Robinson. “The Fed is just simply out of options,” he says, “they have to keep pumping money in.”
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0:00 Intro
0:58 Gold & inflation
5:35 Disappointing GDP
10:52 Stagflation
11:40 Basel III
15:13 Paper vs physical
24:17 Diversification
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