first majestic silver

The Financial System is Doomed! Gold & Silver Soaring to New Heights?

May 3, 2023

Adrian Day, the founder of Adrian Day asset management returns to the show to discuss the current state of the US economy and how it will affect silver and gold markets. Adrian explains that despite a recent drop in inflation numbers, indicators suggest that inflation will rise again and persistently. Additionally, the economy is showing signs of slipping into a recession. Adrian notes that consumers are buying less in terms of volume or quality, and the savings rate has collapsed, leading to a rise in credit card balances and defaults. When asked about the future of silver and gold, Adrian is bullish on both, particularly gold, which he thinks has a better risk-reward ratio.

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Gold was first discovered in U.S. at the Reed farm in North Carolina in 1799, a 17-pound nugget.
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