Rob shares bold predictions for 2025, including expectations for gold prices to soar to $3,000 before retreating to $2,200, and a worldwide recession that could surpass the Great Depression of 1929. He speculates on political changes, predicting that Sir Keir Starmer will be ousted as Prime Minister by the end of the year. Additionally, there are forecasts for oil prices to drop to $50 a barrel and the Bank of England's base rate to decrease to 4%, accompanied by rising inflation.
KEY TAKEAWAYS
BEST MOMENTS
"Sir Keir Starmer will be ousted as Prime Minister... I think something's going to happen where he is ousted as Prime Minister."
"Oil has been slowly going on a downward spiral for a while... that will normally send oil lower."
"I believe that the Bank of England will drop that down to 4%. That wouldn't be the right thing to do at all, in my opinion, but I believe it will happen."
"I think a new international monetary system will be officially announced... it could be anything."
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