Grant Williams, Egon von Greyerz, and Ronnie Stoeferle: The Crack-Up Boom
In this brief excerpt, Grant Williams, Egon von Greyerz, and Ronnie Stoeferle discuss fiscal policy, the “crack-up boom,” inflation, liquidity, and of course gold and silver.
Central Banks are signaling an integration of fiscal and monetary policy. Retail and institutional investors have been dangerously trapped in the belief that markets are perpetually backstopped. Meanwhile, pension funds are renewing an interest in physical gold as government bonds yield negative return. In short, the signs are increasingly evident that the monetary charade cannot continue much longer. For more detail, watch these highlights from an outstanding discussion!