Financial Havoc: Americans Are Feeling Poorer, Desperation Will Lead to Chaos — EB Tucker

ITM Trading, Released on 7/24/24

“We need to be aware of the psychology of people as this made-up system starts to unwind a little bit,” states E.B. Tucker, well-known financial analyst and editor of the Tucker Letter. In this interview with Daniela Cambone, Tucker shares his views on investment, life, and parenting. “We’re in this very confusing time,” he admits, referring to the overflow of information customized by algorithms. He also emphasizes that people own gold not to make profits but to hedge against financial uncertainty. Additionally, Tucker says that there will be a point where people wake up to the reality as the mounting debt reaches a certain level. “What’s it going to be in 2032? It’s going to be $75 trillion. And how much is your burrito going to cost? $35. This is the trajectory,” he says.

00:00 Inflation
4:45 Time to wake up
10:00 Breaking point of US debt
19:31 Parenting
24:16 E.B.’s books
27:11 Tennis playing
28:46 Gold

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. He also publishes The Tucker Letter. 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. 

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CREATE FREEDOM CULTURE

AFTER LISTENING TO THIS BORING INTERVIEW, WE HAVE ROCK SOLID PROOF THAT EB TUCKER IS A FOLLOWER OF HIMSELF.