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Wage Price Spiral "Tipping Point" | Ronni Stöferle
Climate change is here - at least in the financial system. Fundamental fiscal and monetary policy shifts are creating an environment for high inflation, says Ronni Stöferle, author of the In Gold We Trust Report. He expects later this year a wage price spiral to be the "tipping point" resulting in higher inflation. By the end of the decade, Ronni forecasts gold could rise as high as $8,900 per ounce. Read the 2021 report: https://ingoldwetrust.report/igwt/?lang=en
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0:00 Intro
1:07 Financial climate change
4:24 End of fiscal conservatism
7:47 Consumer price inflation
14:32 High inflation
16:48 Gold in a portfolio
21:00 Price predictions
24:08 Silver outlook
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