“Deflation will start coming back. And then, they’re going to turn around and start money printing again,” says Chris Blasi, president and CEO of Neptune Global. “The market is perceiving the rates are a little high and that the Fed is gonna overdo it and that we’re going to go into a recession.” He explains that we will be experiencing some “strong deflationary forces” in certain sectors of the economy as global supply-chain issues persist and housing prices continue rising. He also contends that the U.S. dollar’s dominant status is fading as countries around the world shift toward trading in local currencies or alternative assets in the future. “When you move from a unipolar [system] to multipolar and one currency to multicurrency, and that's a time of chaos, that's when gold thrives,” he concludes. Video by Stansberry Research.
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