May 8, 2023
What's really behind the latest Fed rate hike and sticky inflation, and what does it mean for the economy? And the banks?
Could we already be in the midst of a recession?
And what can we expect in the coming months as the current economic situation evolves?
On this episode of The Wiggin Sessions, join me as I welcome Phillip Patrick to dive deep into the current economic landscape, the politics behind the debt ceiling debate, and the challenges faced by the Fed in combating inflation while avoiding a banking crisis.
Phillip Patrick has been a senior representative at Birch Gold Group since 2012. Birch Gold Group is a precious metals investment firm based in the United States and focused on helping American families protect their savings with physical precious metals. With over a decade of industry experience, Phillip deeply understands how precious metals can serve as a hedge against inflation, currency devaluation, and other financial risks.
Tune in as Phillip discusses the danger of a bank run, the history of bubbles, and his insight into how to address the debt problem with intelligent political decisions.
Listen in to learn his unique perspective on whether a recession is already underway and his insight into what we can expect in the coming months. Plus, how to obtain a free guide from Birch Gold Group on getting started investing in precious metals.
What the US debt ceiling is really a reflection of
Why the government's unwillingness to negotiate is difficult to rationalize
The most likely places for growth in the coming decade
The history of gold as a performer during times of high inflation
Why physical commodities can lower your risk during times of currency problems and when paper assets falter
How physical precious metals can be tax-deferred within retirement accounts
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