The Next Financial Crisis. What Happens To Gold & Silver?

May 22, 2023

 

Rafi Farber, The End Game Investor, returns to the show to discuss the current chaos in the markets and the dilemma faced by Federal Reserve Chairman Jerome Powell. Rafi explains the challenges of balancing inflation control and the need to prevent bank failures caused by the shrinking money supply. He believes that the financial system is slowly dying and that we are in the terminal stages of the current monetary system. Furthermore, we discuss countries moving away from the US dollar, the feasibility of gold-backed currencies, and the debt ceiling dilemma.

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In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce
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