In this episode, Dr. Marc Faber, publisher of the Gloom, Boom, and Doom Report, discusses whether the US is already in a recession, the influence of central banks on gold prices, and investment strategies amid economic uncertainty. He suggests that despite the rising cost of living outpacing salary growth, Wall Street and the government remain bullish. Dr. Faber also shares insights on why millennials prefer cryptocurrencies over precious metals and the potential shift in investment strategies towards gold, especially among fund managers. He highlights anticipated actions by central banks and forecasts for the economy, emphasizing the importance of diversifying investments, with a notable portion in precious metals like gold, silver, and platinum.
More Information on Marc Faber: https://www.gloomboomdoom.com/ Check out out at: https://naturalresourcestocks.net/ Apple Podcasts: https://podcasts.apple.com/us/podcast/natural-resource-stocks/id1689449174 Spotify: https://open.spotify.com/show/0BJGmP8oztWBdsquqeELLh Follow us on X: https://x.com/theandymillette
