October 27, 1997: Stock Market, Gold, & Debt - Andrew Gause & Don McAlvany

Art Bell brings on currency historian Andrew Gause to break down the stock market bloodbath of October 27, 1997, when the Dow Jones fell 554 points, its largest single-day point drop in history. Gause explains how the Federal Reserve will likely flood the system with liquidity to prevent total collapse, warning that the inevitable consequence is severe inflation. Gause traces the crisis beyond the Asian currency collapses, pointing to overinflated price-to-earnings ratios, rampant margin buying… Full show notes & guests: https://artbellarchive.org/episode/october-27-1997-stock-market-gold-and-debt-andrew-gause-and-don-mcalvany