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MacroVoices #300 David Rosenberg: Last Disinflationist Standing

Macro Voices

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Is 20 22 the Year for Gold?

The consumer is going to fade next year. There's no pent up demand on the good side. A defensive growth, you know, that meanscobe, parts of technology, health care, consumer staples and dare i say utilities. The total return will be very significant at the long end of the curve. I don't think we'll go into a war with china. That's not going to happen in a classic sense. But economic warfare, siber warfare, there's going to be that sort of warfare. Gold should once again be that classic geo political hedge. crypto and bitcoin will have a tougher time of it next year.

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