Jeff Clark, Senior Precious Metals Analyst at GoldSilver.com, discusses Fed policy, inflation, and recessions. He also talks about how gold performs during episodes of inflation and recessions, and how gold compares as an investment relative to real estate. He spoke with David Lin, Anchor and Producer at Kitco News.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Jeff Clark on Twitter: @TheGoldAdvisor (https://twitter.com/TheGoldAdvisor)
0:00 – Are we in a recession?
5:16 – Fed rate hike and inflation
7:36 – Gold as an inflation hedge
11:25 – Gold in prior recessions
14:23 – Gold and real estate
18:00 – Gold forecast
#gold #silver #inflation
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42 Comments
Propaganda or interpretation? Or the probable cause evidence the narrative data, aka reception!!🤣
I like Jeff great guest thank you David.
The U.S. Central Bank is a Wealth Inequality Machine.
this guy is a deluded silver pumper with poor history of any credible predictions, he is pumping silver price for the last decade promising triple digit silver every year, would not pay much attention to him
Real Eatate is a rare valuable dissapearing commodity just like silver…………not Gold….alot more gold on the surface since 1980 ,stupid!
The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun.
It’s not a supply issue…its an American consumption issue 😡
Good interview but you didn't ask how is GDXJeff doing
Isn’t inflation caused by too much money printing? Just a novice here..
David is an excellent Speaker and Interviewer !
The ratio of ounces of gold to houses can change by either entity moving in value relative to the other. Therefore houses could decline in value to reduce the number of ounces of gold it takes to purchase a house without gold changing its value or gold could increase in value and house prices could remain the same as now, or any combination of the two. Gold going up in price is just one possibility but maybe it is the most likely, who knows? Predicting the future is extremely difficult and if achieved correctly is mostly due to luck.
Incorrect – every time the 10 year / 2 year yield curve inverted did not lead to a recession – however every time there was a recession it did follow a 10/2 yield curve inversion.
Let's just cut all this debating about Fed GOONS. Along with central banksters around the world, including the BIS, they should ALL be terminated and markets set free from their morbid death grip. The Fed and other central banks can't CONTROL markets. Healthy markets are free and open places for human transactions. Centralisation is NOT conducive to FREE human activity. Central banksters are control freaks who've taken power away from We The People by nefarious, underhand means. Their unbacked fiat currencies are a fraud on We The People, who took their bait. Now we're seeing consequences. The Fed & other banksters have their own agenda, which is NOT for the good of We The People. The sooner we bring bankster GOONS to account for their crimes against humanity, the better. Justice seen to be done is required for clear understanding and instruction of We The People in the dangers of allowing The Evil One to trick us into taking wrong paths.
No gold price given for 2023.
Gold is easier to seize than properly secured bitcoin
Wow the guy into gold thinks gold is going to go up o.o
Biden Depression has started.
Great Information,Top Service
David really hates gold doesn't he?
As with drug addiction, debt addiction will not be cured by facilitating more addiction. More misery looms.
Thank you, David, for having Jeff on. I really enjoyed the interview. A lot of good back and forth with some interesting commentary on where Gold is heading. I really loved the Babylon Bee reference regarding the Fed Chair's comments.
Why can’t Kitco just state the fact we ARE in a recession. 2 quarters of negative growth is the definition.
With inflation the economic contraction is actually closer to 15% a year.
SPIKE's COMING! SHORT SELLERS WILL LOSE LOTS OF $$!! Not about the MARKET. It's long squeeze, SHORT SQUEEZE against retail investors so rich get richer. TV's CLOWNS promote fear while buying. After a while bad news is a good for smart investors.
Jeff needs to be employed by the Fed. Or scrap the feds
Just 2% theft of your purchasing power is acceptable!
Credit Card liquidity will soon dry up as banks reduce credit limits and increase rates to reduce losses from consumer defaults. Buckle up for a great rise in free food demand at food pantries and when that dries up, theft and pilaging at your local super markets. Starving families is not a “good look” for politicians.
The only “Tools” that the FED has are their employees making bad decisions. Dump this Keynesian System, end the FED, and return the country to Constitutional “Real Money” gold and silver.
The Fed FR is at 1.5-1.75. The Fed needs to get that to at least 3.25-3.5. Do they have time prior to a market collapse and a deep recession? I don’t know. I do know that 1.5% or more should be planned for through the remainder of 2022.
Jeff is a legend! Good interview David.
How about the balance sheet reduction?
Raising interest rates won't tame inflation until interest rates exceed inflation.
whats up jeff. get your ass back on goldandsilver
This is my first recession, lets go! I hope I survive.
Excellent interview David Lin and Jeff Clark, thanks again and I enjoyed the charts.
They lie.
We are already in the big crash, Inflation is a
catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated.If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.
There is gold price manipulation. Gold does not do anything.
I mean… We're already in a recession AND we already have high inflation. Gold ain't doing shit. These guys been saying the same shit for years, and when it peaked out last time, they still said it was going higher.
Physical gold / silver. Will be king and Queen.
Haha, and first I thought it was Jeff (Christian), because on my phone the title cut off after "…Jeff…" 😂
Happy it's Jeff Clark
LOL silver was $32 in 2012, now it's $20ish
gold price is flat past 10 yrs, only clowns would buy gold as investment…trade trends, not gold bugs