People Can't Afford to Live Anymore, Banks Are Going Under!

August 9, 2023

Joining us today is Thomas Parilla, president of Parilla Investment Group, and we discuss the intricacies of Jerome Powell's rate hikes and their impact on the economy. We explore the short-term inflation caused by supply chain disruptions and the potential for gold and silver to rally as rates are adjusted. Furthermore, we talk about the risks associated with rising debt and the importance of financial education for sustainable economic growth.

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The world’s gold supply increases by 2,600 tons per year versus the U.S. steel production of 11,000 tons per hour.
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