3 years ago

Stansberry Research
488K subscribers

"Inflation is just roasting people," from gas to food prices, "and sadly it's going to get worse," warns Lawrence Lepard, Equity Management Associates Founder, and Managing Partner. "The Fed can't print goods and services like they can print dollars," he tells our Daniela Cambone, saying the United States will remain stuck in a doom loop if it does not reset its currency with a "sound, neutral reserve currency," Lepard claims Powell is attempting to channel his inner Paul Volcker by raising interest rates, but with a caveat: until something within the system implodes or breaks. "I don't think you can hide in stocks [right now], and you need to be totally out of bonds," he asserts. Lepard holds firm that gold is the best performing asset class year-to-date, saying bitcoin will continue to coexist alongside it and both will shoot, "to the moon." He concludes that in order to protect your money today, investors need to be in, "sound money assets," which include: gold, silver, and bitcoin.

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Chapters:

00:00 Inflation paints a bleak picture for America
02:46 How has rescue plan legislation impacted the inflationary environment?
04:37 Ways to balance curbing inflation vs. helping the nation?
05:44 Biden’s plan on taxing the rich
08:57 Fed’s plan of propping up the dollar
13:33 Bond market will break
19:08 Stock market will face more pain
21:38 Inflation will get worse
23:10 What sectors should investors be looking at?
25:08 Why hasn’t gold performed better?
31:38 What’s going on with crypto?
36:06 Lepard’s final thoughts on investing