Palisades Gold Radio (w/ Don Durrett): Fed has Lost Control of the Economy and Inflation

Palisades Gold Radio
Jan 16, 2023

Don believes that the financial media and government tend to release bullish information which is inaccurate and misleading. He believes the real threat is the economy not coming back to life, since the Fed rarely gets anything right. A new liquidity crisis or “Lehmann moment” is coming. The Fed will have to react to the economy instead of steering it.

Don is bullish on gold and silver and thinks that commodities such as energy, copper and most others will rise this decade. He believes we will also have a rally in the dollar as a fear trade.

Don predicts that gold will have a pullback to the $1740 region once Wall Street realizes there won’t be a soft landing. He believes silver will eventually reach $100. This will be preceded by a growing supply deficit which will manifest in a shortage of 1000 ounce bars.


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