Economists Views on Basel 3, Inflation, The Gold Standard and more ....6-18-2021

Basel 3 is Going to Forever Change the Global Gold Market | Andrew Maguire

Gold silver Pros:  Premiered Jun 16, 2021

Tonight, Andrew Maguire walks us through how the 500-1 paper leverage to silver works, and why this is extremely bullish for the silver price.

As well, he gives his reasons why Basel 3 regulations will change the global gold market.

https://www.youtube.com/watch?v=b8p3QmzcsVw

Lyn Alden: What's Really Happening To The Financial System | Gold, Silver & Commodities -MUST WATCH!

Jun 17, 2021

In this video, we speak to Lyn Alden. This is a full length interview where we discuss the future of the global financial system, gold, silver, commodities, inflation, and the stock market.

Lyn Alden shares her views on inflation, the stock market, and the future of the global financial system, including the best ways to prepare yourself.

https://www.youtube.com/watch?v=jC_KwIt33Dk

Peter Boockvar: Inflation Will Handcuff the Fed

Palisades Gold Radio: Jun 18, 2021

Peter explains how inflation is affected by technology and production efficiency. These improvements over the past twenty years have helped to keep inflation low.

However, the service side of the economy has experienced considerable and consistent inflation. Today, service inflation is accelerating, and the critical question is where are goods prices going from here.

Peter believes that inflation will be longer-lasting and that it's likely to surprise many. Peter explains how the Fed uses the PCE inflation benchmark when it calculates inflation and why it's inaccurate regarding housing and health care.

He argues that basically anything the government subsidizes becomes more expensive. He explains how persistent inflation could bring serious problems for the Federal Reserve.

The dollar is experiencing issues due to the amount of money printing. They realize there is a limit to how much they can stimulate the economy, and Peter won't be surprised if they slow down the stimulus and spending.

 A gold standard creates a limit to how much currency can be created because it has to be backed by metal in a vault. Such a standard once helped to hold politicians accountable.

The Fed's plans mean almost nothing, but most likely, they will take a less dovish approach from here. He expects the bull case for gold and silver to remain intact as the risks of continued high inflation will persist.

However, persistent inflation will catch many by surprise and may develop into a black swan event.

 It's getting harder and harder to make money in the markets. So there will be a lot more bumps in the road over the next couple of years.

https://www.youtube.com/watch?v=TIemcmDg6DE

 

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