Rick Rule explains that if the US dollar loses 75% of its purchasing power in the next 10 years, as it did in the 1970s, then the nominal price of gold is likely to rise three- to fourfold, providing an essential hedge for portfolios. Alasdair Macleod warns that foreign ownership of the dollar, already exceeding one-third of US GDP, could trigger a crisis if investors exit en masse. Dunagan Kaiser hosts the panel, bringing out the risks faced by asset managers and retirees in today’s inflationary and unstable environment.
Credit to : Liberty and Finance