Mr. Nick Barisheff, Founder of BMG Group, a global leader in providing secure, cost-effective and transparent ways to purchase and store physical gold, warns investors, "It's time to get out of the financial markets."
Financials assets are losing their luster, now that Fed officials have raised rates .75, back-to-back, the cost of borrowing is overwhelming many institutions and households.
US equities market related volatility is increasing on the heels of comments from the FOMC of another 2.50% in rate hikes into early 2023.
The global economy is facing a stagflationary-depression scenario, it's time for investors to focus on their portfolio safety and shun high-risk.
$10,000 gold is now a realistic target according to our guest, and may at some point require an upward adjustment!
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.
