"Gold is Winning Against All Fiat" Frances Hunt
Francis Hunt: Gold is Winning Against All Fiat
Palisades Gold Radio: 3-22-2023
Tom welcomes back Francis Hunt, Founder of "The Market Sniper" to the show. Francis discusses the bond market bottom of March 2020 and the series of rate hikes that came afterward.
We're beginning to see the lagging effects of the Feds policy. In addition, there are a series of long-term demographic shifts which are placing great pressure on the system. Both growth and inflation are now moving in the wrong direction, and these contractions will be deeply uncomfortable.
He shows the current gold chart and how it appears we are breaking trend lines. He argues that silver will also outperform, it will just occur in a later secondary phase.
Gold against most currencies is nearing new highs. It is winning by doing exactly what it should do. Francis discusses where silver will head under various scenarios.
The markets today are entirely different from what we had in the 1980s. No one has ever lived in an era like the one we find ourselves in today. The purpose of CBDC's is to create reliance on the state. It is a massive control mechanism. You will want to watch out for new dangerous laws because we're dealing with psychopathic, motivated, and relentless control freaks.
He discusses the positives and potential pitfalls of crypto markets in the coming financial system.
Bonds are unlikely to drop to the lows of a couple of years ago. It seems likely we are in new territory, but a pullback to the two percent level is possible. We're entering a period of slowing growth and reduced demand, which is affecting the oil markets.
Lastly, Francis discusses where markets will likely head based on the ten-year treasury outlook, and it's recent record.
Finally, he notes that energy is forecasting hard times ahead.
Time Stamp References:
0:00 - Introduction
0:38 - Rates & Contagion
5:32 - Gold Chart & Structures
8:56 - Gold Vs. Currencies
19:18 - Gold/Silver Ratio
25:30 - Timelines & Spikes
31:07 - The CBDC Push?
42:02 - Usefulness of Crypto?
47:47 - Technical Analysis & Oil
1:00:12 - Natural Gas & Uranium
1:03:22 - Crushing Consumers
1:04:30 - US 10Y & 2Y History
1:07:55 - Narratives & Risks
1:09:20 - Wrap Up
Talking Points From This Episode
- Analysis of Fed policy and demographic shifts in the U.S.
- Gold chart and why it is breaking out against all currencies.
- The reasons for lag in silver and why it will outperform in a later stage.
- Energy market outlook and concerns around recession.