U.S., Europe have enough gold for a gold standard: ‘We don’t need a central bank’ – Larry White
Lawrence H. White, professor of economics at George Mason University, discusses the gold standard, and falsehoods about it. He says that there is enough gold in the United States and Europe to return to a classical gold standard. Dr. White spoke with David Lin, Anchor and Producer at Kitco News. Follow David Lin on Twitter: […]
Should the Fed hike rates above 9%? 75bps won't fight inflation, only this will – John Cochrane
The Federal Reserve hiked interest rates by 75bps. John Cochrane, Senior Fellow at the Hoover Institution at Stanford University, comments on this rate hike. He also talks about how fiscal and monetary changes are required to fight inflation, as well as whether the gold standard would help control price levels. He also discusses his new […]
Stock markets to crash 90% this year, followed by best buying opportunity in lifetime – Harry Dent
The greatest financial downturn ever will happen this year, and investors will be taking the “biggest risk of [their] life” if they don’t sell now ahead of a complete market wipeout, said Harry Dent, founder of HS Dent Publishing. Speaking to Michelle Makori, editor-in-chief of Kitco News, Dent said that risk assets will sell-off in […]
The real reason inflation is transitory – Tim Ghriskey on 'technological deflation'
Headline CPI inflation surged to 6.2% in October, the highest level since 1990. However, prices are unlikely to stay elevated forever, as technological innovations will create a more cost-efficient economy, said Tim Ghriskey, senior portfolio strategist at Ingalls and Snyder. “We’re in this technological revolution. I think it’s greater than the industrial revolution from over […]