Stansberry Research, Released on 10/14/21
There are no tightening signals from the Fed, even though they have hinted otherwise, asserts E.B. Tucker, author of "Why Gold, Why Now?"
He tells our Daniela Cambone that U.S. stock markets are, "stalling out right now, and something drastic has got to happen." He highlights the erosion of wealth savings in the U.S. right now, and says the nuance of his book describes gold as only a small fraction of the pie.
E.B. says the rising trend of NFT values should be cautioned in his view, correlating hot stocks during a "boom" to a lack of buyers once the wave dies down.
He believes inflation is much more present than central bankers insinuate, saying "everyone is telling you prices are going up [at super markets]."
E.B. concludes that energy prices are not going down, but instead, "are going higher, much higher."
Mr. Tucker is a director of Metalla Royalty and author of "Why Gold, Why Now" in addition to writing The Casey Report, a monthly investment advisory founded by legendary resource speculator Doug Casey. Prior to joining Casey, he served as the analyst and lead analyst on Stansberry's Investment Advisory and The Bill Bonner Letter respectively. Before joining Stansberry, Mr. Tucker was a founding partner of KSIR Capital Management; an asset management firm focused on precious metal equities. He also co-founded KSIR Capital, a corporate finance advisory firm focused on the precious metals industry. He holds a B.Sc. in Business Administration with a focus in Finance from the College of Charleston in Charleston, South Carolina.
eb tucker, federal reserve, inflation, stocks
Not Thinking Like the Wealthy Will Cost You Everything, Warns E.B. Tucker added by Herman James on 10/14/2021View all posts by Herman James ?+'