Goldseek Radio, Released on 7/21/24

John Williams, head of Shadowstats.com notes the official inflation statistics may not reflect soaring prices – he makes a solid case for his lofty gold price forecast.

• By understating inflation, our guest posits domestic GDP is artificially lofty.
• The gold and silver bull markets could remain solid on continued inflation concerns.
• Why does gold remain a key inflation hedge?
• John Williams lofty gold price prediction!
• Silver production is chiefly consumed, resulting with highly inelastic supply / demand curves – will the price reach new records?
• Is the Western World on the cusp of a stealth hyperinflation?

Walter J. “John” Williams has been a private consulting economist and a specialist in government economic reporting for more than 30 years. His economic consultancy is called Shadow Government Statistics (shadowstats.com). His early work in economic reporting led to front-page stories in The New York Times and Investor’s Business Daily. He received a bachelor’s degree in economics, cum laude, from Dartmouth College in 1971, and was awarded a master’s degree in business administration from Dartmouth’s Amos Tuck School of Business Administration in 1972, where he was named an Edward Tuck Scholar.

  economy, gold, hyperinflation, inflation, investing, silver