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Gold Rebounding As Fed Signals No Rate Hikes | Jerry Robinson
"Bad news is good news" for the stock market, says economist Jerry Robinson. GDP was 6.5% in Q2 2021, which was under expectations. But the stock market remains near all time highs. "The Fed is just simply out of options," he says, "they have to keep pumping money in." This stagflationary environment is perfect for gold.
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0:00 Intro
0:58 Gold & inflation
5:35 Disappointing GDP
10:52 Stagflation
11:40 Basel III
15:13 Paper vs physical
24:17 Diversification
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