Between a Rock and a Hard Place Can the Fed Escape? | |
Alasdair Macleod, Patrick Highsmith and Quinton Hennigh return as guests on this week’s program. With foreigners no longer buying U.S. Treasuries, the Fed finds itself between a rock and a hard place; either it keeps on inflating or the whole confidence-based valuation of financial assets will collapse, either it raises interest rates or the dollar collapses. Predictably the Fed will kick the can down the road leading to a prospect for hyperinflation. How will stock, commodity and housing prices respond? Those and many more questions were discussed with Alasdair. Patrick updates us on Firefox Gold’s very exciting gold exploration program in Finland and Dr. Hennigh provides updated details on Lion One Metals and on what appears to be a very rare, but large scale, high-grade alkaline gold project in Fiji. | | |
|
|
| |