Europe is Heading for Economic Chaos: What Is Gold's Role to Play?

May 17, 2023

Pyotr Kurzin returns to the show, and this time we discuss the geopolitical issues concerning him for 2023 and how they will impact commodities like gold. Pyotr also talks about the overall global economic outlook and the inflation shockwaves happening across the board. Furthermore, we talk about Europe, the war in Ukraine, and concerns around energy supply, specifically Turkey's election.

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In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce
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