Gold's next act - Felix Zulauf says precious metals will rise on debt worries, geopolitical tensions

Felix Zulauf believes gold will head higher in the latter half of this decade, supported by geopolitical tensions and government debt.
Zulauf, CEO of Zulauf Consulting (www.felixzulauf.com/), spoke to Kitco on Monday at the 2022 Precious Metal Summit Zurich. He said gold is starting to look past the Fed tightening and strong US dollar which has hurt the metal.
"I think we are coming to the end of tighter money. We will see a U-turn by the Fed in the spring. Precious metals are beginning to discount that," said Zulauf.
Over the medium term, gold isn't great. The eight-year cycle in gold, which saw a top in 2020, points to a cyclical low in 2024, said Zulauf. After that, the metal should run due to geopolitical tensions and government debt loads.
"The world is moving towards a major conflict between the U.S. and China-between the autocratic and the democratic system," said Zulauf. "The second is that many of the governments in the Western world will be bust and will go bankrupt. I think their currencies need to be reformed."
With central banks raising interest rates, governments will have less room to maneuver, since they will have to service the debt costs.
"The next 4-5 years will be dramatic. We will see things that we only see in developing countries. [Developing nations] will go bust every 20 years or so. It is coming to the industrialized world, because we are over-indebted."
Zulauf Consulting is a boutique research and consulting firm that offers investment advisory services to institutional investors and family offices.
Coverage of 2022 Precious Metal Summit Zurich is sponsored by Inventa Capital.
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0:30 - Where is the economy situated right now with the Fed fighting inflation?
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4:38 - With crypto down, does that favor gold?
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7:40 - Give your thoughts on critical metals.

[@foumar5217]

Thanks for bringing on Felix!! He gives interviews very rarely. Genius guy!

[@marcgerges1380]

Felix is Precious!

[@jimmcdonough5497]

Silver is an monetary metal

[@willysalomonsson4678]

Felix is great!

[@BatmanBoss]

Felix 💪

[@jimmcdonough5497]

Waiting for the pivot

[@wayne4768]

We "had" the inflation scare??? Crypto has no value

[@xzadzzazz5913]

platinium/silver ratio is too low. might be right moment to buy platinium. gold/silver ratio is high. why would I keep buying gold while silver and platinium is so cheap

[@crouchhill]

Listen to man

[@bitbybit3889]

Welp, at least he said "Bitcoin and crypto". It's a step in the right direction.

[@userjoe4321]

I have noticed that many are keen to draw this distinction since the FTX debacle.

[@perewihongi6457]

And the autocratic system is.......

[@uplaender5469]

Are you kidding!? [... will head higher in the latter half of this decade]❗

[@philaxx8888]

Gold is the Prison of All Souls; Rome owns your Soul.

[@nevillokapi3617]

GOLD PRICES HUGELY UNDERPRICED UNDERVALUED COMPARED TO THE DOLLAR'S AND STOCK MARKET GAINS...GOLDS FORGOTTEN

[@xzadzzazz5913]

this guy is speaking english, as if he is talking german. but he knows english better than me for sure.

[@josefIL]

All the talks about the fake gold ~ fiat denominated 'spit price' is useless garbage! Complete loss of time.