Corona-Recession: The Worst Is Yet to Come
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The economic fallout from the COVID-19 pandemic in the United States will resume as soon as the stimulus checks stop flowing.
For Lyn Alden, an independent financial researcher and publisher, the federal government’s response has the potential to trigger inflation.
Unlike the 2008-2009 financial crisis, the stimulus is ending up on Main Street and massively purchasing private assets.
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In this week’s Discovery Group segment, Stephen Swatton, CEO of K2 Gold (TSX-V: KTO), explains a silver lining from the pandemic that has helped with drilling permits in California for the firm’s Mojave project.
Recommended Links
- Connect with Lyn Alden on Twitter.
- Visit Lyn Alden Strategic Investment.
- “Lyn Alden: US Fiscal Policy Reactions Are Creating Best-Case Scenario for Gold and Silver,” Palisade Radio.
- “Personal Income Surges 10.5% in April on the Back of Government Relief,” MarketWatch.
- “Confirmed: Second Stimulus Check Proposal Of $1,200 Per American Earning Up To $75,000,” Forbes.
If You Liked This Episode
- “Peter Schiff: The Fed Cannot Save Us,” Gold Newsletter Podcast.
- “The Printathon Has No End,” Gold Newsletter Podcast.
- “How to Prepare for the End of Dollar Hegemony,” Gold Newsletter Podcast.
- “Pandemic Has Gold Flying Off Shelves,” Gold Newsletter Podcast.
Fergus Hodgson is Gold Newsletter’s roving editor. Follow him on Twitter and Facebook.