"As inflation and interest rates rise, the suckers that own gold will lose money, or should I say, lose more money."
Absolutely wrong again.
The biggest losers are the holders of US$s, Treasuries and Bonds, as I have demonstrated many time before 1US$ in 1971 is only worth 1US$ today.
Watch the last 6 minutes of Lawerence Lepard listen to what he has to say from 1:16 minutes
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