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This compilation of financial insights includes videos from Arcadia Economics, Kitco News, Palisades Gold Radio, and Liberty and Finance.
In financial news, Goldman Sachs released a report on Uranium yesterday, causing a surge in one specific stock. Additionally, the price of gold reached a new record high. To bring readers up to speed, Vince Lanci on Arcadia Economics provides a rundown of the latest updates in the financial markets within the last 24 hours.
In a captivating interview, Kitco News Anchor Jeremy Szafron sits down with renowned financial strategist Todd ‘Bubba’ Horwitz, the brains behind Bubba Trading, to delve into the fascinating world of gold trading. The two experts tackle hot topics such as central bank policies, the possibility of a financial disaster, and the recent skyrocketing prices of gold. Horwitz offers valuable insights on the importance of precious metals as a safeguard in uncertain economic times and the potential impact of Federal Reserve choices on the market. This discussion is not to be missed for anyone looking to gain a deeper understanding of the complexities of the gold market.
On the latest episode of Palisades Gold Radio, Tom welcomes back Keith Weiner, the President & Founder of Gold Standard Institute USA and CEO of Monetary Metals. Keith delves into his revolutionary 2024 gold outlook report, which delves deep into the intricate relationship between cause and effect in the markets and economy. With a keen focus on the impact of rising interest rates on crucial GDP components such as consumption and wages, Keith provides invaluable insights on the future of the economy. Additionally, he discusses the significance of using lagging indicators, such as employment and yield curve inversion, to accurately predict economic trends. Tune in to this enlightening and informative episode to gain a deeper understanding of the current state of the economy and its potential future trajectory.
Economist Tavi Costa of Crescat Capital recently appeared on Liberty and Finance to discuss the current state of the gold market, stating that the precious metal is signaling the anticipation of even more inflation. In fact, gold has just hit an all-time high for quarterly closing. Not only that, but energy and commodity prices are also on the rise. Costa adds that the Federal Reserve is planning to cut rates this year, while the monetary base continues to expand. According to Costa, we are now in the second wave of inflation, making it the perfect time for investors to turn to hard assets. As he puts it, ‘This is as good as it gets.’
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Arcadia Economics
Premiered Apr 2, 2024
Yesterday Goldman Sachs put out a report on Uranium, that sent one particular stock soaring higher. And once again, the gold price set another new all-time high.
So Vince recaps the latest developments, and also goes through the other top news in the financial markets over the past day. To get c****t up to speed, click to watch the video now!
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Arcadia Economics
Premiered Apr 2, 2024
Last month Keith Neumeyer of #FirstMajesticSilver sent a letter along with 20 silver mining executives to the Canadian government to petition them to list silver as a critical mineral.
In today’s show he talks about why and how the initiative came about, the interesting response he received from the US government, and what the impact of the decision will mean for the silver industry.
Keith also gives an update on First Majestic and some of the projects they’re moving forward at La Encantada and Jerritt Canyon, and to find out more, click to watch the video now!
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Kitco NEWS
Apr 2, 2024
Jeremy Szafron, Anchor at Kitco News, interviews Todd ‘Bubba’ Horwitz, a seasoned financial strategist and the Founder of Bubba Trading. The two discuss the dynamics of the gold market, central bank policies, and the potential for a financial calamity. Horwitz shares his insights on the recent surge in gold prices, the implications of Federal Reserve decisions, and the critical role of precious metals as a hedge against economic instability.
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Palisades Gold Radio
Apr 2, 2024
Tom welcomes back, Keith Weiner, to the show. Keith is the President & Founder of Gold Standard Institute USA and CEO of Monetary Metals.
Keith discusses his 2024 gold outlook report which focuses on cause and effect in markets and economy, analyzing the impact of rising interest rates on GDP components like consumption and wages. Higher interest rates reduce the burden of paying wages but also decrease credit availability, affecting businesses’ ability to operate. Consumers may sell assets as wages and other expenses tighten up.
Keith discusses the use of lagging indicators like employment and yield curve inversion to predict economic trends. Employment is said to be a lagging indicator because it reacts to changes in the economy with a delay, and its predictive value is reduced due to the Feds influence on employers. Yield curve inversion, where long-term interest rates are lower than short-term ones, has historically signaled an upcoming recession. However, Keith argues that this indicator should be interpreted carefully because the Fed only controls short-term rates.
The low interest rate environment of the past 40 years has driven businesses to take on more risk and leverage to achieve returns. This has resulted in the creation of “z****e companies” that have profits less than their interest expense and cannot survive without artificially low interest rates. A recent study found that 20% of corporate debt was z****e debt before interest rates started to rise. The impact of hiking interest rates on these companies is uncertain, but it has not yet resulted in widespread issues.
It seems that the current economic situation, with high inflation and rising interest rates, is leading to a process of supply destruction in many industries. This means that in order for companies to maintain or increase their return on capital, they will need to destroy a significant amount of supply, which will likely result in job losses, bankruptcies, and a lot of pain for entrepreneurs and investors. The market will only reward the best and luckiest actors in this situation, as those who got loans earlier or have lower cost structures may be better positioned to survive.
Keith believes this rise is due to physical demand in the East and not speculation as seen before. Gold may drop less during a crisis compared to other assets and could make new highs soon after. There’s less leverage in the gold market now, leading to less price drop during liquidation and potentially higher prices post-crisis. Gold’s future price should be higher than spot due to carry costs, primarily interest rates. Dubai sees high demand for physical gold, with an estimated 500-700 tons a year being unofficially exported through retail purchases by tourists.
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Liberty and Finance
Premiered Apr 2, 2024
Gold is anticipating more inflation. It just made an all-time high quarterly close, notes Tavi Costa of Crescat Capital. Energy and commodity prices are also rising. The Fed is looking to cut rates this year and the monetary base is increasing. The 2nd wave of inflation has started, says Costa. “This is as good as it gets” for hard assets.
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