- Kitco NEWS
The Federal Reserve is on track to continue quantitative easing, with interest rates eventually headed to negative levels in the U.S., said E.B. Tucker, director of Metalla Royalty. In his new book, book, “Why Gold? Why Now?: The War Against Your Wealth and How to Win It,” Tucker references the Modern Monetary Theory (MMT), which is an economic theory that states that central banks can increase the money supply to achieve full employment without the risks of inflation. Tucker discusses how gold prices will be pushed up to beyond $1,900 an ounce by year end as a result, how investors can win a “war against wealth,” and whether the recent mass protests happening around the world have any financial impacts for investors.