John Williams, Greg Hunter and Bix Wier 11-22-2020
John Williams - Gold Says Hyperinflation Straight Ahead
Greg Hunter: Nov 21, 2020
Economist John Williams expects to see some very large inflation because of all the stimulus coming and predicts, “The more left we go, the more rapid will be the demise of the dollar.
Eventually, it will be a hyperinflation in the United States. What I am looking at here is this evolving into a hyperinflationary Great Depression.
To save yourself, you have to preserve your wealth, your dollar assets. To do that, you have to convert your dollars into physical gold and silver, precious metals and just hold them.
They will retain value over time as opposed to paper dollars that will effectively become worthless. You’ll be getting a lot of money from the government, and they will keep giving you more and more and more, but that’s going to be an environment of rising and rising inflation.
It’s not necessarily going to buy you more. . . . Hyperinflation is a form of default.
Gold is telling us hyperinflation is straight ahead of us.”
Williams says, “When the Fed finally gets the more than 2% inflation it wants, the real inflation will be 12% to 15%. . . . Hyperinflations happen quickly."
SILVER ALERT! 3 Trading Days Left & 260Moz Ready for DELIVERY?! (Bix Weir)
Nov 21, 2020
The clock is ticking on the COMEX Silver Shorts with only 3 days left until the numbers are set for the all important December Delivery Month.
Currently, there's over 260M ounces of open interest on the November Silver Contract so SOMETHING has to break in the next 3 days or BAR THE DOORS when it comes to Silver price volatility!!