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Jeffrey Nichols & Chris Waltzek on GoldSeek Radio – February 5, 2016

Monday, February 8, 2016 14:10
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(Before It's News)

by Chris Waltzek
GoldSeek Radio

Jeffrey Nichols of Rosland Capital, returns to the show with his latest insights on the precious metals sector. A new uptrend suggests the multi-year selloff may be reversing course. With signs of sluggish economic output, our guest suggests that Fed policymakers could back-peddle on the new interest rate policy, reversing the upward course, eventually moving rates into negative territory, similar to the ECB and BOJ, for the first time in national history. The inflation adjusted or real interest rate may already be negative, depending on the source. In addition, investors should brace for either a new wave of QE or a novel approach to boost economic growth. But even if the Fed maintains a hawkish stance, gold will likely rise anyway, due to supply shortages. Gold could soon eclipse the 2010 zenith, ascending above $2,000 per ounce as soon as the end of next year, yielding 100% profits to investors who accumulate the metal at currently discounted prices. If our guest’s forecast is correct, the yellow metal could climb as high as $3,000-$5,000, within seven years.

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Source: http://financialsurvivalnetwork.com/2016/02/jeffrey-nichols-chris-waltzek-on-goldseek-radio-february-5-2016/?utm_source=rss&utm_medium=rss&utm_campaign=jeffrey-nichols-chris-waltzek-on-goldseek-radio-february-5-2016

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