Kerry Lutz and Michael Arries discussed the recent surge in gold and silver prices, attributing it to economic factors such as inflation, political uncertainty, and lack of faith in fiat currency. They predicted that the precious metals would continue to rise in value, with the possibility of gold reaching $10,000-$15,000 an ounce and silver reaching $300-$500 an ounce. The speakers emphasized the significance of the current market conditions in driving the surge and the importance of staying attuned to market trends for portfolio growth. They also explored the historical performance and potential future outlook of gold and silver investments, including the optimal allocation of investments based on the Dow to gold ratio and strategies for capturing gains in free ounces of gold.
Find Michael here: mcalvany.com
Find Kerry here: FSN and here: inflation.cafe