Precious Metals Expert Claudio Grass Joins Bubba
This is The Bubba Show in which the following topics are discussed:
- The FED and the mess they have made of the economy. Both agree that the monetary policy is a joke and that their devaluation of the dollar is really just a legalized Ponzi Scheme. The problems created by the FED will be lived for years to come, as they kick the can down the road.
- Cryptocurrencies are next. Are cryptos holding down the price of gold and will they survive? The answer is that cryptocurrencies are influencing gold, but the exuberance will not last. Crypto currencies and blockchain are the future but cryptos are not a store of value.
- Bubba doesn’t feel that there is enough gold to back all the paper gold that is out there, asserting that is why physical gold is the only way to play. The paper gold is just like the fiat currency, creating more than there is, meanwhile many investors in paper gold will suffer.
Courtesy of The Bubba Show