[New post] Liberty & Finance: Starvation – Moriarty, $23K Gold – Schectman, Credit Freeze, Gold Selloff Then Rally – Pento, They’ll Take Your Money – Oakley, War & Inflation – Tiggre
User ID posted: " Empty Shelves, Starvation, & Chaos In USA | Bob Moriarty https://www.youtube.com/watch?v=POev4DjPpkw Empty Shelves, Starvation, & Chaos In USA | Bob Moriarty by Liberty and Finance A food and energy crisis is upon us, and a revolution will"
Empty Shelves, Starvation, & Chaos In USA | Bob Moriarty
A food and energy crisis is upon us, and a revolution will result, says Bob Moriarty, marine, naval aviator, and financial author. Americans will experience empty shelves at the supermarket. "There will be chaos in the United States." He suggests having 3-6 months of food on hand. "This would be a really good time for anybody to be prepared," he says, "things are going to be worse in the next year or two than they've been literally in the last hundred years. This is going to make a war look good in comparison."
The next monetary system will likely be connected to gold. Andy Schectman, CEO & President of Miles Franklin Precious Metal Investments, argues if the U.S. Dollar were to be backed by gold, the price of gold would have to be upwards of $23,000 per ounce. "I think gold will outperform people's expectations."
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Credit Freeze, Gold Sell-Off, Then Rally | Michael Pento
As the Fed embarks on quantitative tightening, a liquidity crisis is extremely likely to follow, says portfolio manager Michael Pento. He expects investors will rush towards U.S. dollars, dumping other assets, even gold temporarily. Later, he sees a fast rebound in the precious metals as stagflation sets in.
What Happens If They Take Your Money? | Ted Oakley
Housing and the stock market are going to crash, says Ted Oakley, founder of Oxbow Advisors. "Don't underestimate, right now, safety," he says, "There's a lot of precarious situations." He predicts a sell-off across financial sectors as people rush to safety. "You need to survive to play another day."
As controls and seizures of bank accounts become more common, Oakley predicts "gold will stand out" as an alternative preservation of wealth. He has a price target of $5,000 per ounce for the yellow metal.
There is a new "Iron Curtain" due to the Ukraine/Russia conflict. Amid the highest inflation in 40-years, the sanctions will exacerbate the rise in cost of living. The "Independent Speculator" Lobo Tiggre says monetary metals, agricultural commodities, and uranium will benefit from these economic trends.
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