In this week’s episode of Live from the Vault Andrew Maguire is joined by Daniel Lacalle, the investment manager, author, and professor of Global Economics to assess whether the Fed risks driving inflation with escalating rate hikes.
The industry experts discuss whether US Treasury Bonds can still be considered risk-free and whether a default is inevitable amid unrestrained borrowing, before turning to the politicisation of UK banks.
Quote: “It is completely incorrect to think that sovereign bonds are a risk-free asset”
Timestamps
00:00 Start
03:00 Are we risking further bank-driven inflation with these rate hikes?
07:15 Is the belief that US Treasuries are a risk-free asset class mistaken?
11:00 The only risk with physical gold: it can be confiscated
17:45 The Fed doesn’t look at the price of gold; they don’t consider it
21:15 The problem gold has if it wants to achieve its gold price potential quickly
25:00 The Fed’s open meeting to discuss the final implementation of Basel III
29:00 The BRICS+ summit - are they going to discuss a gold-backed currency?
34:30 Sound money: the way to gel all these ideas
37:00 China’s long-term view: they don’t want to be a global reserve currency
42:30 The politicisation of the banking system: exposing the debanked
48:00 How Central Bank Digital Currencies fit in
54:30 The fight against cash is predicated on a misunderstanding
57:00 The role of gold and silver in your portfolio: an analogy
Make sure you catch the next episode of Live from the Vault - Subscribe.
Why invest in gold and silver with Kinesis? https://kinesis.money/investor/
Explore our website: https://kinesis.money
