Financial Survival Network, Released on 8/31/20

Extensive discuss with Craig Hemke a/k/a Turd Ferguson. It’s all about negative real interest rates. The Fed can under no means allow interest rates to rise. This means that as inflation kicks up, real interest rates will turn decidedly negative, maybe by as much as 300 to 400 basis points. When was the last time we saw anything like that? In the late 1970’s-1980’s, when gold hit it’s then all time of $850 per ounce. Craig thinks we could very well be heading there soon. So look out above, higher precious metals prices are just around the corner. And there’s very little resistance above $2080, so this move could be epic.

Known primarily by his nickname “Turd Ferguson,” Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.

  Craig Hemke, Fed, gold, negative rates, silver