Lawrence Lepard, Managing Partner, Equity Management Associates, joins me to discuss the national debt crisis, inflation, possible price suppression of hard assets and the contrasting roles of gold and Bitcoin as sound money.
Summary
In this conversation, Stephan Livera and Lawrence Lepard delve into pressing economic issues, including the national debt crisis, inflation, and the contrasting roles of gold and Bitcoin as sound money. They discuss the implications of the upcoming US election on economic policies and the market dynamics of gold and Bitcoin. The conversation also touches on the potential for economic suppression and the future predictions for both gold and Bitcoin in light of current financial trends.
Takeaways
The national debt is accelerating and poses a significant risk.
Inflation is likely to rise again due to government policies.
Gold is currently viewed as a safe haven, but Bitcoin is seen as the future of sound money.
The upcoming US election could have major implications for Bitcoin and economic policies.
Gold ETFs have been shrinking while Bitcoin ETFs are growing, indicating a generational shift in investment.
The suppression of gold prices has been a long-standing issue, but Bitcoin may not face the same challenges yet.
Future predictions suggest Bitcoin could reach $300,000 and gold could hit $5,000 in the next economic crisis.
The need for sound money is becoming increasingly urgent as the dollar loses value.
A monetary reset may be necessary to address the current economic challenges.
Investors should consider diversifying into sound money assets like Bitcoin and gold.
Timestamps:
(00:00) - Intro
(01:09) - US Govt. debt spiraling out of control
(07:17) - Gold’s reaction to crisis
(10:14) - Is inflation inevitable?; Managing interest rates
(18:24) - CPI & asset inflation; Overvaluation of assets
(24:18) - Sponsors
(26:34) - Who is buying the Gold?; Gold vs. Bitcoin
(31:10) - Sponsors
(33:12) - What does the US election mean for Bitcoin?
(40:10) - What would cutting the size of the state look like?
(45:58) - The significance of Bitcoin advocacy
(48:43) - Gold & Bitcoin price suppression?
(55:00) - Possible Executive order on Bitcoin in the future?
(57:07) - Will ‘The Next Big Print’ send Bitcoin to $350K?
Links:
https://x.com/LawrenceLepard
https://ema2.com/
Sponsors:
Bold Bitcoin
CoinKite.com (code LIVERA)
mempool.space/accelerator
Nomadcapitalist.com/apply
Stephan Livera links:
Follow me on X: @stephanlivera
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Hosts & Guests
Information
- Show
- FrequencyUpdated weekly
- Published5 October 2024 at 10:56 UTC
- Length1h 4m
- Season1
- Episode608
- RatingClean