Russell Napier forecasts 4% inflation (which implies $7000 gold)

Atlas Plus/Charlie Morris/1-5-2022

Graphic image of bull, black and white“Napier has been in the deflation camp for years and has been right. That is why it is all the more interesting that he switched sides in 2020. It was not the vast stimulus packages that caused the change of heart, but the explosion in bank lending.”

USAGOLD note: Based on his own analysis and Napier’s observations, UK’s Charlie Morris says “It is time to be bullish on gold.”

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