Lynette Zang and Andy Schectman Wednesday 3-1-2023
Gold Demand Hits 55-Year High As Recession Signals Flash Red
Lynette Zang: 2-28-2023
Guess what's rearing its ugly head again? That would be more inflation.
And guess what's happening with interest rates?
I'm going show you that plus I'm going to show you why this is not going to be any kind of soft landing, but that this whole monetary system has to and is already in the process of resetting.
Chapters:
0:00 Inflation & Interest Rates
1:17 Global Yield Curve Inversion
5:54 Personal Consumption Expenditures
13:03 Corporate Profits
14:41 Four Horsemen of Apocalypse
19:03 Bankruptcies on the Rise
23:23 Central Bank Gold Demand
If One Bank Falls, They All Fall | Andy Schectman
Liberty and Finance: 2-28-2023
If the financial system comes down, not only will the banks be affected, but insurance companies will be too, says Andy Schectman, CEO and president of Miles Franklin.
Holding precious metals is a way to hold wealth outside the system as your own insurance in case there is a collapse.
Perhaps it is for this reason that massive amounts of gold and silver are being removed from the major exchanges such as the LBMA and COMEX.
INTERVIEW TIMELINE:
0:00 Intro
2:33 Banking system
11:48 FDIC