Kitco News, Released on Released on 7/16/25

The U.S. is running fiscal deficits over 7% of GDP. Interest payments are outpacing tax revenue. Bitcoin recently crossed $120,000. Gold is holding above $3,300. And now, Lyn Alden warns: this system wasn’t broken – it was designed this way. In this Kitco News interview, Lyn Alden joins Jeremy Szafron to explain why U.S. deficits are structurally entrenched, how tariffs could accelerate the monetary breakdown, and why decentralized alternatives – from Bitcoin to stablecoins – are absorbing capital. Alden also breaks down the stealth CBDC risk in pending crypto legislation, the role of Tether in financing U.S. debt, and what this all means for portfolio strategy going forward. Alden says fiscal dominance – not Fed policy – is now steering the macro environment, and warns that the bond bull market may be over for good.

00:00 Introduction
01:08 Fiscal Dominance and Economic Shifts
03:06 Inflation and Tariff Impacts
06:48 Federal Reserve and Interest Rates
11:33 Investment Strategies in a Changing Market
13:45 Bitcoin vs. Gold: A Comparative Analysis
18:10 Stablecoins and Global Market Implications
19:55 Stablecoins and Dollar Dominance
22:28 Legislation and Regulatory Challenges
25:23 Bitcoin’s Role in Financial Privacy
28:23 Custodial Concentration and Market Risks
30:15 Corporate Treasury and Crypto Adoption
32:03 Gold vs. Bitcoin: Investment Strategies
35:21 Macro Trends and Fiscal Deficits
37:56 Conclusion

Lyn Alden is the founder of Lyn Alden Investment Strategy. Lyn has a bachelor’s degree in electrical engineering and a master’s degree in engineering management, with a focus on engineering economics and financial modeling. She worked as an electrical engineer at an aviation facility, and over the course of a decade worked her way up from being an intern to being the lead engineer and running the day-to-day operations and finances of the facility, before retiring early at age 33 with financial independence. Since then, Lyn has been a full-time investor and independent analyst. Her latest book is Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better.

  bitcoin, gold, lyn alden, stablecoins