Gold is Hitting All New Highs! Will Silver Follow?

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Peter Boockvar, Chief Investment Officer at Bleakley Financial Group, joins the show, and we discuss the potential banking crisis that may be looming with the recent interest rate hike by the Fed. Boockvar explains that it may just be the beginning of a wave of consolidation in the banking sector, which could hurt more shareholders and bondholders. Furthermore, we cover the potential impact on the gold and silver markets, with gold prices reaching record highs and central banks diversifying their reserve base. Boockvar predicts that small businesses and commercial real estate owners could face serious issues if the Fed continues to hold high rates.

Peter’s Twitter: https://twitter.com/pboockvar

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DISCLAIMERS/TERMS/RULES:
► I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.

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24 Comments

  1. I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 175K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities..

  2. He is full of it. Inflation has to accumulate to 100%. When you print more than 100% of money in circulation, you have to expect 100% Inflation.

    It is stupidity like his which has the USD in trouble. Well actually over.

  3. You mentioned the UNIVERSAL acceptance of the principle of PRIVACY (regardless of which side of the "political aisle"). Not everyone in government wants people to have privacy. In the USA, a long-standing Supreme Court Case decision that was fundamentally about the RIGHT TO PRIVACY was vacated. That court case was Roe vs. Wade. Only the most naive people believe that the Supreme Court Vacated this ruling out of the "goodness of their hearts". What actually happened was that the very court case that could have been be cited in a legal argument against central bank digital currencies – no longer exists. Do you think this is a coincidence?

  4. Raising interest rates is GOod:
    We need the credit contraction, and the end to 'Quanitative Easing'. Yes, this will cause bad businesses to fail, which in turn leaves space for good businesses to flourish.

    We cann't sustan an economy based on inflated currency and credit. Central banks should not manipulate interest rates at all, just take care of issuing (sound) money. No need to paper over weaknesses in the free market, just leave it to create value and earn money.

  5. I like the information Peter talked about! I look foward seeing more interviews with Peter Boockvar. He looks very good in that thumbnail.

  6. If we get to 2% inflation than we will be in a big time recession or worse the month treasury busted spiked to 5.48% the last time it spiked like this it was 2007-08 better buckle up

  7. Inflation Will Never go down to 2 % because inflation comes from government deficit spending 1 TRILION dollars. per year and the gov will Never cut spending 😂😂😂

  8. Silver price lag could be an indication that the gold price needs to be rigged down by the banks. Silver is also an industrial metal and the price of silver has nothing to do with the price of gold.

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