Zulauf is obsessed with Gold, doesn't understand Bitcoin.
But his core argument is that the rest of the decade will be highly inflationary. Global supply chains have been broken, things are going to be more expensive to produce. There will be sovereign defaults.
Oil $250. Gold and commodities much higher. Massive money printing.
Bonds are the worst place to put your money.
The best quote, when asked how he reconciles Lacy Hunt's narrative: "we're going from a transition from disinflation to massive inflation. Of course along the way, you have conflicting signals".
TL/DR. Money Printing and Inflation.
Zulauf is too old and too Swiss to understand Bitcoin.
youtube.com/watch?v=Plq4oF
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