Why Gold is not Your Productive Asset

[GoldCore]

This week, Tom Bodrovics of Palisades Gold Radio was joined by Stephen Flood, CEO of GoldCore to discuss the concerns about Fed mandates and how higher interest rates may lower inflation but may kill the economy.

Watch the full episode to learn why Stephen believes gold is not your productive asset and where he discusses his views on cryptocurrencies and the significance of silver in war times.

When individuals realize the future is uncertain and begin to tighten their belts, Stephen believes gold prices will begin to shift dramatically.

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[GoldDiggerDave]

I would like to see high interest rates of 15%+  for very selfish reasons, I don't have a mortgage or high outgoings and have 25+ years outgoing (with allowances for inflation) in cold hard cash. The reality cost of living will be increased by inflation energy bills, fuel etc and rates will remain low.   It's a very easy strategy to nail people at both ends of the spectrum.  

Holding PM's and hoping for a seismic event is very short sighted as there's no point to making money on your pm's when you lose your job, or worse people start dying as bombs are dropped on your head.  I'd recommend anyone to pay off their debt ASAP as this gives you more options and you are less controlled by the system.