U.S. debt escalates as Powell is ‘seeking inflation’, Fed to pivot

Matthew Piepenburg, Commercial Director of Matterhorn Asset Management, delves into the Federal Reserve's tough decision between an "inflationary nightmare" and a "depression economy," ultimately predicting that stagflation is the most likely outcome. Additionally, Piepenburg provides insights on the U.S. dollar and why the price of gold has been held down.

Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)

0:00 - Misleading data and open secrets
6:14 - Will Powell pivot?
10:07 - Deflation and stagflation
15:06 - The U.S. dollar
18:03 - Gold

#gold #inflation #fed
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit http://www.kitco.com/

Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
StockTwits - https://stocktwits.com/kitconews

Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/

Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html

Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/

Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.