Josh Sigurdson talks with Nick Luksha of Prospect Ridge Resources about the massive instability and crisis that would be caused by an interest rate hike by the Federal Reserve at this time and how gold and silver would fare against such a destructive move.
While it’s unlikely the Fed will raise interest rates any time soon as it would be so devastating, gold DOES historically rise 30% in the face of interest rate hikes. Regardless, gold is a hedge against inflation which we are seeing a lot of today and in this video we break down how gold will stand up against an economic crisis the likes of which we are starting to see explode today. We also break down the potential of the company Prospect Ridge Resources as they find massive amounts of gold in British Columbia, Canada.
View the video HERE