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Expect '14 months of pain' as stocks crash 20% in 2023 (Part 2/2)
At the BMO Metals, Mining, and Critical Minerals Conference in Hollywood, FL, Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, engages in a discussion with E.B. Tucker, Director at Metalla Royalty and Author of "Why Gold? Why Now". Tucker shares his view that the Federal Reserve's ongoing balance sheet reduction during a recession will result in "14 months of pain", and predicts a 15-20% stock market crash by this summer. Additionally, he sheds light on the recent performance of Metalla Royalty.
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
0:00 - A change in capitalism
8:17 - Fourteen months of pain
11:53 - De-dollarization and Fed policy
16:00 - Stock market crash
20:19 - Monetary policy worldwide
23:19 - Investment implications
26:56 - Metalla Royalty
31:00 - Carbon credit market
#gold #stocks #inflation
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Kitco NEWS is a global news network based in Montreal, with bureaus in New York, Hong Kong, New Mexico, London and Vancouver. Since 2009, our journalists have helped investors make informed decisions through in-depth reporting, daily market updates, and interviews with key industry figures. We aim to accurately and impartially cover the economy, stock markets, commodities, cryptocurrencies, mining and metals.
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