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Popeye82

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23/09/21

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$10k gold, credit collapse, dollar devaluation: This is the ‘course of the empire’ – Dan Oliver
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The natural course of the U.S. “empire” is that of currency devaluation and an eventual credit collapse, said Dan Oliver, founder of Myrmikan Capital. “What backs the dollar? The Fed’s assets do, and if you look at the Fed’s assets, what do they own? They own a bunch of Treasury bonds. They own the debt of an insolvent Congress,” Oliver told David Lin, anchor for ***** News. “If and when, I think when, the U.S. power starts to devolve, starts to fall apart, the market will say ‘what is behind that dollar?’ and the answer is very little.”Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)0:00 - Credit collapse4:25 - Taper tantrum9:17 - Fed mandates15:00 - Gold and inflation18:22 - Gold and real interest rates20:30 - Alternatives to gold22:00 - Cryptocurrencies25:22 - Catalyst for $10k gold#gold #Fed #economics __________________________________________________________________Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit http://www.*****.com/Follow us on social media: Facebook - https://www.facebook.com/*****News/?r... Twitter - https://twitter.com/*****newsnowdisallowed - https://disallowed.com/*****newsLive gold price and charts: http://www.*****.com/gold-price-today...Live silver price and charts: http://www.*****.com/silver-price-tod...Don’t forget to sign up for ***** News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.*****.com/subscriptio...Join the conversation @ The ***** Forums and be part of the premier online community for precious metals investors: https://gold-forum.*****.com/ Disclaimer: Videos are not trading advice and the views expressed may not reflect those of ***** Metals Inc.

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