If history repeats itself, the rapid expansion of the balance sheets of central banks will lead to massive inflation of asset and consumer prices, and investors will be rushing to precious metals for protection, said Florian Grummes, managing director of Midas Touch Consulting.
“In the Weimar Republic, hyperinflation set in two years after the start of this balance sheet expansions, so this is the process and it takes time,” Grummes told Kitco News.
Grummes said that bitcoin will be the best performing asset of 2023.
What do you think will be the outperforming asset of the year? Comment below.
1:00 – Crack-up boom
2:02 – Money velocity and hyperinflation
9:05 – Outlook on stocks
10:21 – Gold price outlook
13:05 – Silver price outlook
16:20 – Gold stocks
19:29 – Bitcoin
20:41 – What will be the winner this year?
__________________________________________________________________
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
Google+: https://plus.google.com/u/0/116266490328854474588
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.
Related Post:
- TOP PENNY STOCKS 2023 TO BUY NOW – BEST CRYPTO STOCKS TO BUY NOW – CRYPTO STOCKS 2023
- Know everything about WinkLink (Win) Coin | Win Coin price prediction | What is WinkLink (Win) Coin?
- WinkLink (Win) Coin Full Details Explained In Tamil | WinkLink Coin | Win coin | Win coin details
- Bitcoin, gold, stocks: which will win? What Gareth Soloway is shorting now
- #1 The Great Warning | Raise Rates Or Hyperinflation | #Vechain #Relex #Ripple #Bitcoin
- Bitcoin Saving Lives of People in THIS Country as Hyperinflation Makes Currency Worthless
- Bitcoin – die Hyperinflation beginnt! Videoausblick
- Crypto News: Bitcoin Solana $ETH $ADA $MSFT $BABA, Fix the World, Hyperinflation and more
- Bitcoin Cash 4/07/2020 & Bitcoin 5/24/2020 Halving! #Btc #Bitcoin #Bch #Bitcoincash
- Blockchain Kids, Economist Magazine & EOS Hyperinflation! (Bix Weir)