Jim Willie: 'Gold's The Safe Haven When There's No Escaping The Debt Default'

April 17, 2024

 

With gold and silver rallying while there's been a selloff in the bond market, today Dr. Jim Willie checks in to share his view on what's happening.

Jim talks about how Japan is selling US treasuries, which has added to the pressure in the debt market. Meanwhile, the Fed continues walking an increasingly fine line of balancing whether to cut or raise interest rates, as inflation has continued to run at higher than desired rates.

All of which has contributed to what we're seeing in the gold and silver markets. And to hear from Dr. Jim Willie, click to watch the video now!

Arcadia Economics

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China is the world’s biggest gold producer with more than 355 tons annually. Australia is second.
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