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GoldSeek Radio Nugget - David Haggith: Price of Oil to Push Higher Inflation
David Haggith returns to the show, head of The Daily Doom: thedailydoom.com
outlines his case for an imminent, "Everything Bust" with runaway inflation and epic oil prices increasing risk in virtually every sector.
- Higher oil prices inevitably lead to price hikes across the spectrum of goods and services.
- Expect transportation prices to keep rising.
- Higher prices could put downward pressure on stocks and bonds.
- The new "Energy-Crisis" could mirror the stagflation of the 1970's.
- Will the upcoming recession surprise investors?
- Supply shortages could exacerbate inflation issues.
- Paper based assets in 401k's could suffer amid increased financial volatility.
- Bond funds could also feel the pinch of higher rates.
- The much anticipated "Fed-pivot" on rates may not materialize.
- Will US shares correct sharply?
- Bank solvency could return as a key financial risk.
- Gold and related PMs assets remain the quintessential investment portfolio, insurance policy.
Pls. bookmark David's webpage:
http://www.thedailydoom.com/
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