MacroVoices #292 Russell Napier: Knock-on Effects of Secular Inflation
Macro Voices
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The Gold Price Will Catch Up, but It's Too Small
Gold is a pure play on real interest rates adjusted for inflation, but they've been dropping like a rock. Russell: I think maybe fundamentally only there's new there is this green agenda. He says right now gold is undervalued and we ought to be buying it.
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