GoldSeek Radio Nugget -- Bob Moriarty: Gold is the perfect panacea to weather the global financial chaos

Bob Moriarty, of 321gold.com, returns to the show with a unique vantage point on global financial markets.

3.40 - Gold is the perfect panacea to weather the global financial chaos.

5.02 - 10 years of near zero interest rates exacerbated the crisis.

6.00 - Banks in China have nearly zero toxic derivatives exposure.

6.20 - Bob suggests Michael Hudson's financial bestseller, The Collapse of Antiquity.
https://michael-hudson.com/2023/03/the-collapse-of-antiquity-release/

14.12 - The banking sector issues.

18.10 - Unregulated $1 trillion derivatives market.

18.50 - Counterparty risk - the new economic concern.

20.01 - Risk of cascading defaults.

23.10 - The financial crisis could eclipse even the crises of 2008, Dot.com and 1929.

24.20 - The FDIC holds merely 7 cents of every 1 dollar insured.

27.10 - CBDC's may not be as safe as Bitcoin, the true blockchain tech.

35.11 - The low interest rate, "free-money" spigots have been turned off - every asset bubble tied to the stimulus may be in jeopardy.

Bob's site: http://www.321gold.com/