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Silver and the next wave of inflation
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In this interview with Brian from ‪the Mountain Bullion‬ Youtube Channel we discuss the recent breakout in the price of gold and silver, and its possible implications on the broader economy. Judging by the 1970's, inflation tends to appear in waves. At first, the Federal Reserve tries to fight inflation by raising interest rates. But this tends to slow down the economy and lead to a recession, to which the Fed responds by cutting rates once more. But since inflation has not been defeated yet, it surges again. Is this what is happening today? Could the rise in the prices of precious metals be the harbinger of another wave of inflation?
You are invited to listen to the full interview here:
https://youtu.be/3ec-VIemcwE?si=9a-Xz8USmqERcmwD
Music: Michael Kobrin - The Introvert
https://youtu.be/UufcCic_lQQ?si=Ji1bHEkhiMvC0nm-
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