Kinesis Money, Released on 7/7/23
In this week’s episode of Live from the Vault, Andrew Maguire is joined by Danielle DiMartino Booth, financial author and founder of QI Research, to address UK and US policy-making, before turning their attention to the wider geopolitical arena. The two industry experts contrast the Federal Reserve’s stance on gold as an asset class with that of global central banks, and investigate who benefits from the conflict in Ukraine and escalating tensions between Taiwan and China.
00:00 Start
03:30 The Fed stance on gold
09:30 Danielle defines truflation
13:30 Is Powell doing a good job?
16:00 Are the small banks that built America under threat?
20:43 The next shoe to drop? Commercial real estate
25:30 If Trump got re-elected will he drain the swamp?
28:30 The possibility of a Biden re-election?
30:30 De-dollarization in a multipolar world
34:30 Would Danielle advise hedging against black swan events?
39:00 Who is benefitting from wars?
42:00 Do you have to break something to “Build Back Better”?
45:00 The green agenda and Larry Fink’s ESG walk-back
50:30 Danielle’s thoughts on a gold re-evaluation
Danielle DiMartino Booth is Founder & CEO of QI Research, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider’s Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Lufkin & Jenrette and Credit Suisse, where she worked fixed income and the public and private equity markets. Danielle earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University.
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.