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The course towards much greater gold costs is primarily a feature of a declining UNITED STATE dollar, but the Federal Reserve is stuck in a difficult area right now, stated Dan Oliver, creator of Myrmikan Capital.
On one hand, low rate of interest are accommodative for gold, however if the Fed keeps reduced for also long, inflation will run out of control. On the other hand, if the Fed raises rates in reaction to higher rising cost of living, the monetary system may simply "blow" up, Oliver stated.
0:00 – Roadway to $10k gold
8:10 – The Fed is stuck
12:08 – Real estate market
19:11 – Devaluation
20:50 – Buck debasement
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