Monetary Magic + Socialism = Gold

Sep 13 – On today's Financial Sense Newshour podcast, Ryan Puplava explained what happened to the markets this week, Jonathan Krinsky at Bay Crest Partners discusses the technical outlook for stocks, bonds, oil, and the US dollar, and Dave Morgan says the final phase of the bull market for gold is gearing up.

Next, in FSN's Big Picture segment, Jim Puplava and Chris Preitauer explain why monetary magic, i.e. modern monetary theory (MMT), plus socialism equals higher gold prices. They discuss steps being taken by central banks to flood the world with more money, trillion dollar deficits in the United States, the pivot towards socialism, and what this means for the world's oldest form of money.

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