Kitco News, Released on 4/13/21 (Recorded on 4/12/21)
Peter Grosskopf, CEO of Sprott Inc., outlines his criteria and timeline for gold to hit new all-time highs. Speaking with David Lin, anchor for Kitco News, Grosskopf said that he’s never seen central banks “so backed into a corner” and that any mistake could likely lead to “big trouble.”
0:00 – Gold price outlook
3:56 – Factors behind gold’s pullback
5:31 – Interest rates vs gold
6:40 – Gold price forecast
8:09 – Inflation
10:22 – “I’ve never seen central banks so backed into a corner”
11:00 – U.S. dollar
11:56 – Central bank digital currency
13:33 – Gold-backed currencies
14:40 – Gold stocks