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GoldSeek Radio Nugget - David Haggith: Price of Oil to Push Higher Inflation


David Haggith, head of The Daily Doom, returns to the show. He outlines his case for an imminent, "Everything Bust" with runaway inflation and epic oil prices increasing risk in virtually every sector.

- Higher oil prices inevitably lead to price hikes across the spectrum of goods and services.
- Expect transportation prices to keep rising.
- Higher prices could put downward pressure on stocks and bonds.
- The new "Energy-Crisis" could mirror the stagflation of the 1970's.
- Will the upcoming recession surprise investors?
- Supply shortages could exacerbate inflation issues.
- Paper based assets in 401k's could suffer amid increased financial volatility.
- Bond funds could also feel the pinch of higher rates.
- The much anticipated "Fed-pivot" on rates may not materialize.
- Will US shares correct sharply?
- Bank solvency could return as a key financial risk.
- Gold and related PMs assets remain the quintessential investment portfolio, insurance policy.

Please bookmark David's webpage: The Daily Doom.

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