Spaces: New Risk Landscape and Trouble In The Metals, Gold $2000+
This is a rebroadcast of our recent Twitter Spaces conversation on banking, metals, trust, cryptocurrencies and the faltering global dollar system.
Bob discusses the problems in the banking system and the tough position the Fed is between preserving the system and preventing inflation. They’re trying to slow the contagion, but we may be experiencing a false sense of security. If things break from here, we could see things get out of control. The belief is the Fed will always have our back, but in today’s world there is considerable risk.
Reggie Middleton expresses his concerns around the SEC’s use of selective enforcement, particularly in the crypto space. There is a length discussion on building trust in digital assets and potential risks with some types of cryptocurrencies.
Jaime and David discuss the usefulness of both Gold and Bitcoin. We need both systems if we are to get through the coming financial reset. It will be important to have investments in various areas because it remains uncertain what the future financial system will be based on. David argues that a bi-metallic standard may once again become important.
Jaime Carrasco – Portfolio Manager at Canaccord Genuity Inc
Website: Canaccord Genuity https://www.canaccordgenuity.com/