Dave Kranzler - Financial System is Breaking and Cannot Absorb the Fed's Printed Money Anymore
SBTV spoke with Dave Kranzler, editor of The Mining Stock Journal, about why the Fed's reverse repo operations are shooting higher. Dave believes this is a sign that the financial system is rejecting the Fed's printed money and is breaking under the strain of it.
Discussed in this interview:
01:29 What is the Fed hiding?
05:37 What's with the Fed's taper talk?
12:11 Record numbers in reverse repos
16:14 The financial system is a big mess
19:00 Main street's punch
22:17 Strong dollar and inflation expectations
24:28 Gold outlook
29:02 What do miners prefer: a strong dollar or higher precious metals prices?
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