The Economy is Facing a Depression! Gold Going Higher!

 

Peter Boockvar, Chief Investment Officer at Bleakley Financial Group, joins the show, and we discuss the current financial turmoil and geopolitical challenges faced by the world. He shares insights on the progression toward a potential recession, the impact of higher capital costs on economic activity, and the risks faced by the banking sector, particularly in commercial real estate. Peter emphasizes the importance of owning gold and other precious metals in uncertain times. He also provides an outlook on gold prices and discusses the role of the US dollar and the evolving landscape of commodity usage.

********

In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.
Top 5 Best Gold IRA Companies

Gold Eagle twitter                Like Gold Eagle on Facebook