Gold has retreated from its record highs, but Martin Armstrong says the bigger story may be unfolding in global debt markets.
In this episode of Top of Mine, the veteran forecaster argues that sovereign debt pressures are mounting across Europe and parts of the Middle East, while geopolitical tensions around Iran and Taiwan continue to reshape capital flows.
Armstrong explains why he believes the US could emerge as the last major safe haven in a sovereign debt crisis, why gold’s recent pullback may prove temporary, and why stocks and precious metals can rise together during periods of declining confidence in governments.
He also weighs in on artificial intelligence, arguing that the technology is boosting productivity and supporting economic growth rather than replacing jobs.
