Pierre Lassonde expects 30% Stock Market Crash in 2023
According to Pierre Lassonde, Chairman Emeritus of Franco-Nevada and CEO of Firelight Investments, the U.S. is heading towards a "significant" recession that will lead to a 30% stock market crash in 2023. Lassonde anticipates inflation to rise to 10% by 2026 and advises investing in gold, silver, and other commodities such as copper, which he predicts will reach $7 by 2028. In a conversation with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, Lassonde further discusses his outlook on gold, de-dollarization, and top gold mining stocks to watch.
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