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There Will Be NO Gold & Silver LEFT | Don Durrett
Don Durrett discusses his expectations for the economy and the precious metals market. He predicts that economic growth will stagnate in Q4 and that a recession will become evident, impacting both the stock market and precious metals. Durrett notes that while gold has recently hit new highs, it could face short-term declines due to a potential recession, despite its long-term bullish outlook. He also highlights that a surge in retail demand for precious metals, driven by economic uncertainty, could lead to significant shortages and inflated premiums.
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INTERVIEW TIMELINE:
0:00 Intro
1:30 New high in gold
6:25 Retail demand
13:50 Recession
16:50 Retail shortages
26:38 Gold confiscation?
33:00 1000oz silver bars
35:37 Weekly specials
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