The David Lin Report, Released on 11/10/25 (Recorded on 11/7/25)

Lawrence Lepard, Managing Partner of Equity Management Associates, discusses the outlook for Bitcoin, gold, and monetary policy.

0:00 – Intro
1:15 – Bitcoin vs. Gold
7:00 – Why Bitcoin underperformed stocks
12:56 – Rising global debt
16:00 – Why Bitcoin is sound money
22:30 – Fiscal irresponsibility
24:43 – End of QT
28:26 – Genius Act = Economic chaos?
33:20 – U.S. dollar
39:00 – Socialism
42:30 – Gold stocks

Lawrence W. Lepard founded Equity Management Associates. Currently, he is Managing Partner at Equity Management Associates LLC and Limited Partner at Johns Creek Partners LLC. He is also on the board of Amarillo Gold Corp. and Rise Gold Corp. In his past career he occupied the position of Principal at The Cue Ball Group LLC, Partner at Summit Partners LP, Managing General Partner at Geocapital Partners LLC, Investment Associate at Continental Illinois Venture Corp., Financial Analyst at Smith Barney Harris Upham & Co., Inc. and Financial Analyst of Citigroup Global Markets, Inc. (Broker). Mr. Lepard received an undergraduate degree from Colgate University and an MBA from Harvard Business School. He is the author of The Big Print: What Happened To America And How Sound Money Will Fix It.

  bitcoin, economy, gold, Lawrence Lepard, money printing