ITM Trading, Released on 8/20/24

The global financial system is under strain, with currencies around the world failing or on the brink, warns Lyn Alden, founder of Lyn Alden Investment Strategy. In this interview with Daniela Cambone, Alden explains why there is significant upside for gold in the next five to ten years—and why waiting for small dips could cost you big. Alden discusses how the U.S. and Europe are sliding toward Japan-style stagnation but without the benefits of a current account surplus or social cohesion. As public debt and fiscal deficits surge, Alden predicts a more inflationary future and shares insights on how to navigate these challenging times.

00:00 Fed/Small Rate Cuts
4:21 Gold Price
6:39 U.S. Dollar
9:35 Gold Analysis
11:12 Silver Market
12:24 Wall Street’s Interest in Gold
13:57 Carry Trade Impact
18:14 AI Bubble Burst
19:56 Financial System Breakdown
23:34 How to Better Prepare
25:00 CBDCs (Central Bank Digital Currencies)
26:30 U.S. Economy Outlook
28:41 Banking Sector Overview
31:22 U.S. Deficit Concerns
33:10 Lessons from Argentina

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.

  gold, investing, lyn alden, silver, us economy