ITM Trading, Released on 12/11/24

“I think it’s going to be closer to Venezuela, with runaway inflation and the destruction of the currency,” warns Dr. Ron Paul. Speaking with Daniela Cambone, he criticizes interest rates as a tool for price manipulation and cautions that the insurmountable debt will not “end well.” Dr. Paul also discusses the need to eliminate foreign aid, criticizing its use as a political tool. “[Foreign aid] is immoral. They use that principle of sympathy and helping people… it’s a pretext,” he asserts. On gold, he tells Daniela Cambone that under current government policies and regulations, no investment is entirely safe, but “gold is safer.” As for the idea of selling gold to buy Bitcoin, as suggested by Michael Saylor, Dr. Paul finds it “beyond my comprehension,” he concludes.

00:00 Eliminate foreign aids
7:40 Syria
9:30 Tariffs on BRICS
10:43 Bitcoin
16:14 Gold vs bitcoin
17:30 Interest rates
19:30 Cut spending
22:50 Truth versus nihilism

Pierre-Paul Lassonde is a businessperson who has been the head of 8 different companies. He is on the board of Franco-Nevada Corp. (former Independent Chairman), Gold & Silver Institutes and The Bishop Strachan School and Member of Order of Canada. In the past he was Director at New Gold, Inc., Chairman for Musée national des beaux-arts du Québec, President, Co-Chief Executive Officer & Director at Franco-Nevada Mining Corp. Ltd., President & Co-Chief Executive Officer at Euro-Nevada Mining Corp. Ltd., Chairman of Quebec National Art Museum, Chairman for World Gold Council Ltd. and Chairman for Canada Council for the Arts. Pierre-Paul Lassonde received an undergraduate degree from the University of Montréal, an MBA from the University of Utah and an undergraduate degree from Ecole Polytechnique.

  bitcoin, economy, gold, syria