Silver Bullion TV, Released on 5/13/20

SBTV’s latest guest is Luke Gromen, founder of FFTT, LLC (Forest for the Trees). We discussed the massive debt hole the Federal Reserve will need to fill and why a bond auction where the Fed is the sole buyer is increasingly a likely scenario.

Discussed in this interview:
01:50 Life disrupted by the pandemic
04:20 How bad is the damage to the real economy from shutdown?
09:28 Limits to the Fed’s money printing
18:01 Fed desperately managing global demand for dollars
22:19 Why oil price went negative and its impact
30:08 Virus the pin to burst global debt bubble?
35:27 Gold & bitcoin: the only assets that do well regardless of crises
40:09 Most important issue not discussed enough today

Luke Gromen is a graduate of the University of Cincinnati and received his MBA from Case Western Reserve University. He earned the CFA designation in 2003. Luke provides strategic consulting services for corporate executives and is the founder of The Forest For The Trees, LLC, a macro/thematic research firm catering to institutions and individuals.

  bitcoin, coronavirus, debt bomb, debt bubble, economy, gold, luke gromen, negative interest rates