Commodity Culture, Released on 10/25/23

Economist and best-selling Author Dr. Nomi Prins believes that precious and industrial metals, along with energy, are going to be the beneficiaries of a volatile economy and market environment that will cause a flight to hard assets as a safe haven. Nomi sheds light on the systemic issues she sees in the banking sector, government, Federal Reserve, and more as she makes a case for owning tangible assets.

00:00 Introduction
00:52 Nomi Prins Origin Story
04:33 Derivatives Market
07:06 Issues in Banking Sector
11:00 Higher Rates For Longer?
16:48 Do Free Markets Exist?
18:43 Rising Conflict and Civil Unrest
23:16 BRICS Expansion and Currency
26:58 Central Bank Digital Currency
32:12 Commodities as a Safe Haven

Nomi Prins is an American author, journalist, and Senior Fellow at Demos. She has worked as a managing director at Goldman-Sachs and as a Senior Managing Director at Bear Stearns, as well as having worked as a senior strategist at Lehman Brothers and analyst at the Chase Manhattan Bank. Prins is known for her books All the Presidents’ Bankers: The Hidden Alliances that Drive American Power, Collusion: How Central Bankers Rigged the World and Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever.

  commodities, copper, energy, gold, investing