Investment Ideas

[gfp927z]

Recent interview with Jim Rickards. He explains why current inflation actually is transitory, and why the Fed's plans for aggressive tightening will be a major mistake that will likely end in recession.

For gold, he said a falling dollar will be needed to get the gold price moving higher (the dollar has been rising for most of 2021). He said that a weakening US economy could eventually prompt the US administration into a an active policy to lower the dollar.

First however, the Fed overreacts by tightening too aggressively, leading to recession -