John Adams: Why Central Banks Are Getting Nervous and Hyperinflation Is Inevitable
01:04:15

John Adams: Why Central Banks Are Getting Nervous and Hyperinflation Is Inevitable

In this interview, Darryl and Brian Panes from As Good As Gold Australia speak with Chief Economist, John Adams about the Kitco controversy of gold and silver allocated and unallocated accounts. The update is absorbing! There is also a growing number of Central Banks around the world, increasing their purchases of physical gold. Why are they doing this and is the Reserve Bank of Australia about to do the same? Is the RBA ever going to retrieve their gold holdings, currently held in the Bank of England? Australia's current inflation rate has been confirmed at 5.1% and the US is sitting at 8.5%, with the real world identifying it at closer to 12-15%. Just a few months ago, we were told by Central Banks - inflation is transitory - clearly to the educated, it was not! Where to from here? John believes Central Bank policies can only lead to an inevitable result - hyperinflation! Worldwide there has been talk of Russia going back to a Gold Standard. We hear that Russia will only sell its raw materials and exports for payment in either Rubles or Gold. Might this spell the end of the Petrodollar? Is this a changing of the guard and if this is so, how would that impact on the global economy? John also shares his views on the upcoming election and why it might be time for a dramatic change. How about a minority government and what changes that would bring? With so many changes taking place around the world, now more than ever before it is imperative to hold gold. The ultimate safe haven investment for the last 5000 years, and more than likely, for the next 5000 years. Jim Sinclair has always said, become your own central bank. We've been warned! #Kitco #RBA #Gold #Hyperinflation

As Good As Gold Australia 2022