Dave Kranzler: DC Spending Is Fueling More Inflation & Growing Gold Demand Outside The US & G7

Wall St. For Main St., Released on 3/26/24

Dave talks about how DC spending is fueling the inflation and how interest payments on the rapidly growing US national debt when combined with larger budget deficits and higher interest payments on the debt after the Fed rate hikes are growing the debt even faster. In Dave’s opinion, real deflation will not be allowed unless DC drastically cuts spending. Dave also talks about how bad news is accelerating in US commercial real estate and that banks, pension funds and insurance companies can not hide the losses forever with accounting tricks. Dave thinks that gold demand by non G7 central banks will continue to grow as these countries buy gold tonnage instead of US Treasuries. Dave talks about the cheap valuations in gold stocks being the lowest since 2015 and why he favors junior explorers. Dave even gives a few free stock picks including one low cost gold and silver miner and one silver junior in Mexico.

Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he also has an MBA from the University of Chicago, with a concentration in accounting and finance. Currently, he co-manages a precious metals and mining stock investment fund in Denver. He has nearly thirty years of experience in studying, researching, analyzing and investing in the financial markets. His daily articles can be found at his site, Investment Research Dynamics.

Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.

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