David Rosenberg: Crashing Real Interest Rates Creating the Best Tailwind for $3500 Gold
To subscribe to our newsletter and get notified of new shows, please visit http://palisaderadio.com
David Rosenberg returns to discuss the current economic environment and how flattened yield curves are promoting liquidity issues. Credit supply has been contracting, and the velocity of money is also declining. If money velocity stabilizes were going to get a lot more inflation, and perhaps that is what gold is trying to signal.
David discusses various custom indexes they have created for finding value in today's market. The Fed is not going to allow interest rates to rise, and that's why long-bonds are still somewhat attractive. He feels the next one to two years will see gold rise to around $3500. Their Gold and bond basket has done well for them this year.
Real interest rates are heading negative and adjusted for inflation; we are already negative across the yield curve. The Fed plans on keeping rates low for the next three years. Money velocity will eventually come back and, along with it inflation. He expects the Fed to weaken interest rates further and expect further weakness with the US Dollar.
Time Stamp References:
1:05 - Comparing liquidity events.
3:55 - Money velocity and the economy.
7:00 - Assessing the stock market.
11:15 - Custom indexes they use.
16:30 - Interest rates and NIRP/ZIRP.
19:00 - Fed to peg at Zero and getting yield.
21:05 - Timing and price targets.
Guest Links:
Website: https://www.gluskinsheff.com/
Website: http://rosenbergresearch.com
Free Trial: https://bit.ly/2XvQrNO
Twitter: https://twitter.com/EconguyRosie
#PalisadeRadio #Fed #GoldPrice #GoldBullMarket #DavidRosenberg #Gold
-
1:07:20
Palisades Gold Radio
3 days agoMichael Kao: What Happens to Gold in a Central Bank Pivoting World?
459 -
LIVE
Glenn Greenwald
3 hours agoAIPAC's Singular Ability to Remove and Influence Members of Congress; Senator Rand Paul On More COVID Cover-Ups; PLUS: Media Denies Biden's Decline | SYSTEM UPDATE #286
4,478 watching -
LIVE
The StoneZONE with Roger Stone
59 minutes agoThe Epic Corruption of JB Pritzker + Chaos at Democrat Convention in Chicago? The StoneZONE
712 watching -
1:29:03
Donald Trump Jr.
6 hours agoRight Wing Revolution: How to Win on the Ground, at the Ballot Box, and Save the West, Charlie Kirk & Sean Parnell | TRIGGERED Ep.147
52.9K145 -
1:42:49
The Quartering
6 hours agoDisney BUSTED On Secret Recording & Star Wars The Acolyte Backlash GOES NUCLEAR!
30.6K17 -
6:48
One Bite Pizza Reviews
1 day agoBarstool Pizza Review - Christo's Restaurant & Bar (Wallingford, CT)
10.6K24 -
28:25
Degenerate Plays
2 hours agoAll Bricked Up - Call Of Duty Modern Warfare Remastered : Part 9
7.05K16 -
DVR
WeAreChange
3 hours agoTURBO CANCERS Soaring! VAX Or COVID Connection Established?
24.7K6 -
51:39
Kimberly Guilfoyle
5 hours agoNO BORDERS BIDEN, Where We Go from Here, Live with Monica Crowley & Jaime Florez | Ep. 135
29.5K44 -
43:19
Game On!
3 hours agoJJ Redick land Laker's job, Patriots pay their young RB, and Dave Portnoy fed up with his employees
23.8K3