E.B. Tucker: Fedcoin is Coming
Tom welcomes back E.B. Tucker to Palisade Radio. Mr. Tucker is a founder and director of Metalla Royalty & Streaming and the author of “Why Gold? Why Now?: The War Against Your Wealth and How to Win It”.
E.B. discusses his new book and what led him to write it in just 23 days. The reasons for buying gold in the book include coming Negative Interest Rates, MMT, and the looming Fedcoin. The book outlines advice for purchasing gold and learning where to start in this space.
He argues that the U.S. is no longer a free market economy. We’re in an environment where everything is distorted and manipulated. Short term trading in this environment doesn’t work because of the massive news events and changes occurring. Focus on the long-term because you can’t time this market.
How is it possible that the U.S. can spend in merely three years the equivalent in value of all the gold ever mined? When gold takes off, it’s going to go very fast, and it’s not coming back to pick you up.
You can play where the world appears to be inevitably heading. E.B. gives some advice for dealing or rather not dealing with politics. He says, “Get serious about your money and figure out what is coming next.”
When people realize they are losing money to inflation, they will panic and look for something tangible to place their wealth.
Lastly, he discusses what an optimal portfolio might look like and why you don’t want to overweight your speculative positions.
Time Stamp References:
0:00 – Introduction
0:40 – Rapid Writing
7:30 – Avoiding the Noise
10:30 – Gold, Don’t Miss the Run
14:20 – Political Realities
19:35 – What no longer works
21:30 – Coming Inflation Panic
27:40 – Economics & Effects
30:28 – Building Wealth Today
34:00 – Slow & Steady
38:25 – Zen Book Suggestions
Talking Points From This Episode
- His new book and what led him to write it.
- US Market distortion and controlled economy.
- Gold and why you need to invest.
- Prudent investing vs. speculating.
E.B. Tucker is is on the Board of Directors at Metalla Royalty & Streaming Ltd. and also a Director of Nova Royalty Corp. and Midas Capital Partners.
Before joining Casey, he served as the analyst and lead analyst on Stansberry’s Investment Advisory and The Bill Bonner Letter. Before joining Stansberry, Mr. Tucker was a founding partner of KSIR Capital Management; an asset management firm focused on precious metal equities. He also co-founded KSIR Capital, a corporate finance advisory firm focused on the precious metals industry.
He holds a B.Sc. in Business Administration with a focus in Finance from the College of Charleston in Charleston, South Carolina.