Stansberry Research, Released on 5/5/23

For Part 2 of this interview, CLICK HERE

“The attitude of market people in the U.S. is kind of like wanting your house to burn down so that you can get the insurance money,” says E.B. Tucker, bestselling author of Why Gold, Why Now? He argues that while people may take the Fed’s eventual slowdown on raising interest rates as a positive sign, it indicates a looming recession that will result in people losing their jobs, businesses failing, and everybody spending their savings. “There’s a lot of pain and discomfort… People are not feeling pain yet,” he warns. Tucker concludes we’re living in a “centrally controlled system,” highlighting that Treasury bills still provide a safety net for investors regardless of the massive debt issue in the U.S.

00:00 Banking crisis
3:28 Interest rate hikes
6:40 Regional bank ecosystem
9:24 Monet market funds
15:00 Treasury bills
17:27 Be your own bank
18:50 Bond portfolio
21:13 The broad market
23:40 Gold and collectables

Mr. Tucker is a director of Metalla Royalty and author of “Why Gold, Why Now” in addition to writing The Casey Report, a monthly investment advisory founded by legendary resource speculator Doug Casey. Prior to joining Casey, he served as the analyst and lead analyst on Stansberry’s Investment Advisory and The Bill Bonner Letter respectively. Before joining Stansberry, Mr. Tucker was a founding partner of KSIR Capital Management; an asset management firm focused on precious metal equities. He also co-founded KSIR Capital, a corporate finance advisory firm focused on the precious metals industry. He holds a B.Sc. in Business Administration with a focus in Finance from the College of Charleston in Charleston, South Carolina.

  banking crisis, dedollarization, eb tucker, Fed, federal reserve, gold