Liberty and Finance, Released on 8/13/24

Craig Hemke emphasizes the growing national debt, noting a recent $243.7 billion deficit in July alone and a projected $1.9 trillion deficit for the fiscal year. He highlights the risk of worsening inflation due to increasing debt and monetary policies. Hemke recommends precious metals, such as gold, as a reliable hedge against these financial pressures and inflation. He stresses that owning physical gold can preserve purchasing power and provide safety amid rising debt and economic uncertainty.

0:00 Intro
1:40 Gold update
4:03 COT Report
6:20 Silver update
9:51 Acquisitions
13:19 Recession concerns
16:46 Keynesian experiment
22:40 TF Metals Report

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.

  Craig Hemke, debt collapse, debt crisis, gold, inflation, precious metals, silver, us debt