Kerry Lutz's--Financial Survival Network

This is a Long Term Gold Rally - David Erfle #5440


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Summary:
David Erfle comes on the show to talk about what’s happening with gold in light of the current economic circumstances. Today, the price of Gold hit an all time high, and Erfle expects it to sit at $3k/oz at the end of this year to the start of next year. Everything happening with the trading of gold is, in many ways, influenced by our current inflationary situation as well as what’s happening around the world economically.

Highlights:
-Today, the price of Gold hit an all time high
-The end of 2021 was your last opportunity to cash in
-Once there is a close above 1900, this will be a signal for the gold price to start moving
-Russian citizens had their wealth decimated overnight last weekend
-All of the wins are in gold sales
-The west has waged financial war against Russia
-Palladium/platinum are essential for cities
-Our current economic situation is starting to resemble that of the 1970s
-We will most likely experience wage and price controls
-Erfle would not be surprised to see the gold price at $3k/oz at the end of this year or beginning of next year
-Gold stocks are still trading at very low levels

Useful Links:
Financial Survival Network
David Erfle Facebook

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Kerry Lutz's--Financial Survival NetworkBy Kerry Lutz

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