Kinesis Money, Released on 6/23/23

In this week’s episode of Live from the Vault, Andrew Maguire is joined by the creator and publisher of the infamous TF Metals Report, Craig Hemke, who breaks down the Fed’s strategic maneuvers to install the Central Bank Digital Currency. The two old friends scrutinize the FDIC’s rapidly swelling list of “Problem Banks” that are on the brink of bankruptcy, discussing the deepening American banking crisis which has seen 4 too-big-too-fail institutions collapsing in a 6-week period.

00:00 Start
03:30 Do people need help understanding gold?
05:00 The FDIC report and the “problem bank” list
06:30 The major looming problem of commercial real estate
08:50 When Craig sees the banking crisis ending
11:00 The introduction of CBDCs
15:00 Every central bank except the Fed is long on physical gold
20:20 They’ve hiked too hard and too fast
22:00 Wealth preservation with gold and silver
26:00 The disparity between paper and physical gold
29:45 The other factor to consider: Dedollarization
40:00 What’s going to happen in the US: people will want physical metal
46:00 Craig comments on the doom and gloom Twitter traders

Known primarily by his nickname “Turd Ferguson,” Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.

Andrew Maguire is an Independent London Metals Trader and Analyst, internationally renowned for his unique ability to read the precious metals market with the knowledge and experience gained over 35 years trading in financial and commodity markets. Andrew sits on the advisory board of a global physical bullion exchange and is a consultant advisor to many international hedge fund managers, bullion banks, directors and metal traders globally.

  andrew maguire, CBDC, Craig Hemke, gold, sound money