Every hiking cycle over the last 70 years ends in recession or a financial crisis. ‘It’s not going to be different this time,’ Morgan Stanley strategist says.

MarketWatch/Steve Goldstein/3-17-2023

“A week ago it was possible to argue that this observation was theoretical, now we know that it is not going to be different this time.” – Graham Secker, Morgan Stanley, chief European equity strategist

USAGOLD note: It’s because it is never different this time around that the prudent, long-term investor owns precious metals. Own metals, Sit back. Watch the show.