U.S. recession still avoidable; This is why gold price is not 'taking off' - Former BOC head Poloz

Kitco News, Released on 5/31/22

This is part 1 of the full interview.

There is currently no guarantee of an imminent recession in the U.S., according to former Bank of Canada Governor Stephen Poloz. Speaking to Michelle Makori, Editor-in-Chief of Kitco News, Poloz said that there is still time to "normalize the economy."

0:00 - Bank of Canada's rate hikes3:30 - Canadian housing market6:40 - Controlling inflation?9:20 - U.S. recession13:00 - Central bank independence21:20 - Canada's gold reserves24:00 - Gold manipulation25:30 - Gold price performance

U.S. recession still avoidable; This is why gold price is not 'taking off' - Former BOC head Poloz added by Herman James on 05/31/2022View all posts by Herman James ?+'