first majestic silver

Are We Heading For a Great Depression? Or Something Worse?

September 4, 2023

Joining us today is Mike McGlone, macro strategist at Bloomberg Intelligence, and we discuss the alarming rise in delinquencies, the Fed's response, and the economic outlook. We delve into the debt bubble, housing market, gold, and silver's prospects amidst the market chaos and how the ongoing situation in China and Ukraine is a paradigm shift affecting the global economy.

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In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.
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