Why Gold is not Your Productive Asset

This week, Tom Bodrovics of Palisades Gold Radio was joined by Stephen Flood, CEO of GoldCore to discuss the concerns about Fed mandates and how higher interest rates may lower inflation but may kill the economy.

Watch the full episode to learn why Stephen believes gold is not your productive asset and where he discusses his views on cryptocurrencies and the significance of silver in war times.

When individuals realize the future is uncertain and begin to tighten their belts, Stephen believes gold prices will begin to shift dramatically.

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GOLD PRICES (USD, GBP & EUR – AM/ PM LBMA Fix)

25-02-2022 1912.15 1884.80 1429.33 1408.70 1711.57 1677.66
24-02-2022 1968.35 1936.30 1466.22 1453.39 1760.49 1737.25
23-02-2022 1895.70 1904.70 1392.77 1403.19 1669.54 1680.52
22-02-2022 1895.00 1900.10 1395.29 1402.27 1671.20 1674.75
21-02-2022 1895.45 1894.45 1390.88 1392.04 1668.38 1671.47
18-02-2022 1886.95 1893.60 1386.15 1391.99 1660.14 1669.21
17-02-2022 1886.55 1893.45 1386.24 1389.98 1659.79 1665.48
16-02-2022 1854.40 1862.60 1367.81 1371.80 1629.83 1638.72
15-02-2022 1855.10 1848.55 1368.88 1370.33 1634.90 1632.27

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Stephen Flood

Stephen Flood is the CEO of GoldCore. He is a former Wall Street equity trader and FinTech expert. He has been involved in the precious metals markets since 2004 and has appeared as an expert contributor on CNBC, CNN, BBC, RTE & Bloomberg TV and has had articles published in the Irish Times, Irish Independent and The Sunday Business Post.

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