I recently had the great pleasure of (virtually) sitting down with Catherine Austin Fitts, investment banker, President of Solari, and former US Assistant Secretary of Housing and Urban Development for Housing, and having an extremely interesting conversation about the outlook for gold and silver. It was a fascinating discussion, especially given our current economic, monetary and geopolitical context: there so many risks and challenges ahead, that I believe there has never been a more important time for investors to be properly and accurately informed and to remain vigilant and cautious. For precious metals investors, of course, what awaits is certainly less scary: gold and silver have always been indispensable anchors of financial freedom and long-term security, as well as reliable inflation hedges, but now the rest of the world is also learning that lesson, as evidenced by the metals’ surge, that I believe is only just in its beginning. That, however, doesn’t mean that gold and silver holders can simply sit back and enjoy the ride. There are still numerous developments and larger shifts underway that they also need to pay attention to.
In the following interview, we covered a lot of ground, from the macroeconomic backdrop and the obscene debt levels and inflationary pressures, to the role of central banks and the gold shift from West to East over the last years, as well as the intensely uncertain geopolitical climate and, of course, the state of affairs in Switzerland. What I appreciated the most about this conversation was that it focused on all the right questions and key points that so many analyses so often altogether miss. Too much is said and written about the next Fed announcement or the latest GDP print or the most recent jobs report, and too little time is spent on looking at the big picture. The real story is about the erosion of trust in fiat money and in the current financial and monetary system that is happening before our eyes.
Please click on the below link for the interview.
https://solari.com/outlook-for-gold-and-silver-with-claudio-grass
