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LBMA & COMEX Drained Of Gold/Silver | Phil Low
Phil Low discusses the current financial landscape, touching on critical issues such as the potential for a gold revaluation and the doomed mark-to-market proposal. He delves into understanding gold as a price matrix, highlighting its importance in navigating economic uncertainty. Low warns about an impending hyperinflationary panic, explaining the stages of the "Crack-Up Boom" and the early signs of its onset. He also explores the broader societal effects of inflation, particularly its impact on morality and societal values. The conversation wraps up with Low's insights into the future economic outlook and what individuals and institutions should anticipate moving forward.
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1 oz Gold South African Krugerrand: $59 over spot
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INTERVIEW TIMELINE:
0:00 Intro
1:54 The Endgame & hyperinflation
30:00 Inflation & societal degradation
39:46 The Bitter Draught
41:28 Weekly specials
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