Lamboy’s personality Rick Harrison crashed why investors put their money for “absolutely nut” market in record numbers “Count Claman count“
Harrison has joined Business -yar Lis Liz Claman On Thursday, after this year, she reported that the prices for gold reached a record high, increasing by 11%. This happens during the growing calls from officials such as Elon Musk, audit Fort Knox, a protective depositor for US gold.
“I just say that if everyone does not say,” No, we don’t have to check it, “we must check it,” Harrison said about Fort Knox. “There are no good reasons not to do, and when they start arguing that we don’t have to, it’s even better for it.”
“My problem is that my suppliers limit the amount of gold they sell you into gold and silver,” Harrison continued. “Because they can’t get anything. I mean it’s absolutely a nut.
According to the US mint, Fort Knox contains 147.3 million gold.
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Harrison attributed inflation, or the government “printing money as a confetti” to explain the popular public investment into gold and silver.
“Remember that we live in a world where we print money like confetti, and it causes a lot of people,” Harrison said.
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“I mean, now government government is number one-is interest in debt. It’s 36 trillion. I mean that you will never be able to pay it, ”he said. So, this is one of the reasons why I think everyone is buying gold and silver. ”
Harrison and Klaman discussed how the price of gold Rose is only this year, citing the cost of 1974 below $ 200 per ounce. Currently, gold costs $ 2940 per ounce, JM Bullion reports.
However, the owner of the gold and the silver pawn insisted that there are no disadvantages to overcome gold for those who do not buy or sell it. He claimed many buy gold as’ heding against inflation”
“When we were on the gold standard, there was no inflation at all because you couldn’t print money,” Harrison said. “Because all inflation determination increases the monetary proposal that our government makes a strange speed.”
Having allocated the gold standard, Harrison passed to the explanation of the cause of today’s inflation.
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“That day, you know, the gold standard, you just couldn’t print gold, and so it continued to inflation in control,” he added. “Bankers complained about it. They wanted more money in the system, so they loaded more money, but it caused inflation. The gold standard, it worked. It worked for thousands of years …”
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2025-02-23 10:00:00