Peter Grosskopf, Chief Executive Officer of Sprott Inc., describes his requirements as well as timeline for gold to strike brand-new all-time highs.
Speaking To David Lin, anchor for Kitco News, Grosskopf stated that he's never ever seen central banks "so backed right into an edge" which any kind of mistake could likely cause "huge trouble."
0:00 – Gold price outlook
3:56 – Aspects behind gold's pullback
5:31 – Interest rates vs gold
6:40 – Gold rate forecast
8:09 – Rising cost of living
10:22 – "I've never seen central banks so backed right into an edge"
11:00 – UNITED STATE dollar
11:56 – Reserve bank digital currency
13:33 – Gold-backed money
14:40 – Gold supplies
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