Economic disasters in 2023, The weight of high inflation rates and quick monetary tightening have worsened the US economy’s prognosis in 2023. Robert Kiyosaki invited his good friend, and financial expert to discuss what he sees for 2023. Today’s guest says his “list” is different than other experts out there as his list combines geopolitics and economics to provide a complete picture of the outlook in 2023.  James Rickards, author of “Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability will Sink The Global Economy” says, “For the last three years, China has pursued a zero-Covid policy.” Which he explains was all done for political reasons at the cost of billions of dollars.  Host Robert Kiyosaki and guest Jim Rickards discuss why this zero-covid policy and other geo-political policies will significantly affect the global economy.

Economic disasters in 2023

What does economic disaster mean for metal and bullion buyers? If people are already buying and or stacking, then there’s not much need to worry as their “money” via bullion will always have value. Silver and gold have been used since the dawn of time for trading, bartering and we don’t see it going away anytime soon. Stackers and or investors will be positioned well enough if such a turn of events took place. The best thing a person can do is prepare for such an event and hope it doesn’t happen. Regardless, if a disaster doesn’t happen, Silver is still currency and bullion issued by the Government is legal tender which can be used at stores and what have you. Take a look at American Eagles and there prices over the last few years. The prices of American Eagles have gone up astronomically along with other bullion.