Gold’s High Was Optical: Inflation Glimpses Are Deeply Concerning Warns Billionaire Robert Friedland

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When you figure out which way the wind is blowing and you get on the right side of it, you have a good long-term trend, says Robert Friedland, founder of Ivanhoe Mines and considered one of the greatest mining giants of his generation. “It’s like being long the bond market, if interest rates rise, the bond market gets killed,” he tells Daniela Cambone in a rare and exclusive interview. “The economic situation is hopeless but not serious.” He explains the profound issues regarding how the Fed will wean money printing— “but don’t get too obsessed over it,” he advises. Friedland also weighs in on the topic of investing: “Gold is at an optical high and silver is only halfway there, while platinum has been very cheap.”

#gold #silver #investing

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