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What Happens If They Take Your Money? | Ted Oakley
Housing and the stock market are going to crash, says Ted Oakley, founder of Oxbow Advisors. "Don't underestimate, right now, safety," he says, "There's a lot of precarious situations." He predicts a sell-off across financial sectors as people rush to safety. "You need to survive to play another day."
As controls and seizures of bank accounts become more common, Oakley predicts "gold will stand out" as an alternative preservation of wealth. He has a price target of $5,000 per ounce for the yellow metal.
Find Oakley online: https://oxbowadvisors.com
0:00 Intro
1:17 Stock market crash
5:29 Hedging
6:40 Gold & silver
8:22 Buying opportunities
9:20 Inflation
10:08 $5000 gold
11:32 Gold vs cryptos
14:03 Oxbow Advisors
15:16 Miles Franklin
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