In this latest interview, Darryl and Brian Panes from As Good As Gold Australia interview a very special returning guest, the Robin Hood of Wall Street - the one and only Gregory Mannarino.
In this latest interview, Darryl and Brian Panes from As Good As Gold Australia interview a very special returning guest, the Robin Hood of Wall Street - the one and only Gregory Mannarino.
In the last 3 months, silver has exploded and seemingly broken the shackles and surged in price from $50AUD to $58AUD.
Michael Oliver from MSA Research just recently predicted silver could reach $70-$80 USD by the end of the year. Has silver finally broken the shackles and what are the expectations for silver from here?
Currently in Australia, the government has continually referred to the inflation rate as being under 3%. This number is preposterous! It seems like it's more like 30% when one takes into consideration the rapid increase in the overall cost of living, including food, housing, fuel and energy. Greg's response to inflation is absorbing, and a far more accurate measurement.
Three vital points of interest:
Central banks are buying more gold.
Gold is now the second placed reserve asset after the US Dollar, and has overtaken the Euro.
Central banks are selling fiat currency, and swapping it for more gold.
Is the world listening to what's going on?
The Reserve Bank of Australia (Australia's Central Bank) has nine board members.
They all earn over $1 million in annual salary. They are responsible for setting our interest rates, but how can they connect with Australian citizens with average full-time salaries of $80-$90k per year.
Greg recently warned of another upcoming round of QE, and explains how it works and why it can only end in disaster for the population at large - a must listen!
Now more than ever before, it's time to buy gold and silver.