Commodities Analysis and Opinion

The Economy, Credit Markets, Gold and Silver Are Reminiscent of 2008

2023.09.12 03:53

David I. Kranzler

It’s my contention that the current economic, credit risk and stock market conditions are similar to the 2007-2008. Specifically, it thinks there’s a chance that a seriously adverse credit event is percolating while the banks engage in an overt price control effort of and .

Both of these attributes are eerily reminiscent of the fall of 2008. In my latest Arcadia Economics podcast, I refute the common mainstream media and Wall Street “expert” view that the economy is robust. I also explain why I think a big move higher in and could unfold before year-end:

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