Bill Murphy from GATA.org, outlines his market wisdom on GoldSeek.com Radio, including headline reports of domestic inflation at 40 year high, 10% price increases on the shelves and projections of huge prices hikes coming in the EU.
Investors appear to be bracing for increased financial market volatility by selling more solid assets to cover margin calls. However, if volatility persists amid the risk of Fed rate hikes and mortgage rates now over 5%, a new gold-rush could send investors into a crypto-like frenzy for gold and silver, particularly shares, according to our guest.
About the author
Chris Waltzek is host, executive producer, writer/editor, best-selling author, webmaster, sound engineer and computer guru at Goldseek.com Radio. He earned his bachelors degree in Business Economics and holds a dual MBA in Business Economics & Information Systems. Upon graduation he worked as the firm-wide Industry Analyst at one of the nations largest law firms, Jones, Day, Reavis, Pogue. Chris is currently a Ph.D. student in Management / Finance at NCU.
