Money Is Looking for a Home; Prepare for Major Shortages Warns Former President Bush Advisor
Dr. Pippa Malmgren, a former advisor to President George W. Bush, says the recovery is real and we will see a series of rate hikes, accompanied by more stock market highs. She tells our Daniela Cambone that we will experience major pent up demand and to be prepared for major shortages. "There is not one narrative to this story, everything you can imagine can happen," Malmgren says. "I'm worried people may miss the upside because they are so pessimistic."
After the much anticipated Bitcoin vs. gold debate featuring Microstrategy CEO Michael Saylor and billionaire philanthropist Frank Giustra, our Daniela Cambone catches up with Josh Crumb. The Goldman Sachs advisor and BitGold founder provides a deep dive analysis of the debate, highlighting the highs and lows from both sides.
Six-time best-selling author Jim Rickards speaks with our Daniela Cambone about the road to economic recovery. They cover various topics, including Rickards’ stance that deflation remains the greatest risk to the economy, despite reports of inflation. Rickards also talks about M2 skyrocketing— and how it coincides with the discontinuation of the Federal Reserve’s money supply series, data that has been published weekly since 1970.
In this interview with our Daniela Cambone, Miguel Vias, a former executive for Ripple and CME Group, weighs the benefits of owning gold and crypto. Vias also talks about the future of decentralized finance (DeFi), which billionaire Mark Cuban has called possibly the greatest thing since the Internet.
In a Stansberry Investor Exclusive, our Daniela Cambone speaks with Gerard Barron, CEO of The Metals Company, formerly called Deep Green Metals, and billionaire philanthropist Frank Giustra, a strategic advisor on the project. The company is looking to scour the ocean floor for battery metals found in nodules created by mother nature. Over the next thirty years, the global population is set to expand dramatically and will put a huge strain on mineral resources extracted from the ground, especially nickel manganese copper and cobalt. All such minerals are needed for a transition to clean energy, but currently what’s on the land is not sufficient.
All credits to Stansberry Research
"We have dealt with many years of capex restraints; couple that with an economy in the midst of recovery, with many stimulus measures on top, we can see an environment ripe for higher commodity prices," says Will Rhind, founder of Granite Shares ETF. Speaking with our Daniela Cambone, he reveals the commodities he believes are set to benefit— and those that will not. He also notes that the gold market has been in bearish territory since August 2020, suggesting the metal needs an "inflation surprise" in order to take off.
Just like its economy, the Chinese Yuan is going completely digital— and that’s not a hypothetical, says Brian Tycangco, Stansberry Research editor for True Wealth Opportunities: China.
Since 2014, China's central bank has been developing its digital version of the yuan called the Digital Currency Electronic Payment ("DCEP"). "Its goal is to function exactly like cash, even when there's no internet connection. And just like paper currency, it's completely centralized and controlled by the central bank," he tells our Daniela Cambone. "But once the digital yuan is launched, it gives the government too much power over every aspect of a person's life”— which, says Tycangco, will lead people to turn to gold.
It's the showdown that everyone has been waiting for. Gold financier Frank Giustra versus MicroStrategy CEO Michael Saylor in the ultimate gold vs bitcoin battle. Our Daniela Cambone moderates.
With a lack of new discoveries and the shift away from growth-focused strategies, the world's major gold miners have seen their economically mineable gold reserves decline over the past ten years. Our Daniela Cambone speaks with David Garofalo, Chairman and Chief Executive Officer of Gold Royalty Corp., about the gold mining sector’s "existential issue" of dwindling reserves. "We have seen reserves decline by 40% over the course of eight years," he says, adding that companies need to rediscover the lost art of mine construction.
Muhammad Ali vs. Joe Frazier was billed as the "Fight of the Century”— and now best-selling author Jim Rickards says the debate on gold versus bitcoin featuring Frank Giustra and Michael Saylor will be a battle of the ages. Gold has been sound money and a reliable store of value for 3,000 years; this will be strongest point for the yellow metal, says the financial guru. "The problem is the horse was the chosen mode of transportation for thousands of years and we don't ride horses anymore," he adds as a counterpunch for Bitcoin. Calling the crypto “bubblecious,” Rickards explains how there is no use case for Bitcoin except for the fact that the price goes up. "Frank has history on his side and Michael will have price action on his side," Rickards notes.