Stansberry Research, Released on 8/2/21

The Federal Reserve will try everything possible to not raise rates says E.B. Tucker, author of “Why Gold, Why Now.” Their recent action in the repo market is another defense mechanism to keep the U.S. dollar as the reserve currency.

“This is a severe drug addiction, they have “financialized” the economy,” Tucker told our Daniela Cambone.

The debt ceiling will keep growing, it’s a “severe drug addiction” that will never stop, he said. “People are holding onto a notion that the Fed is here to help you; they only want to help themselves” he added.

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.

  eb tucker, economy, Fed, gold, inflation