Episode 177: Debt Monetization & Recession is Perfect Scenario for Gold & Silver

Vince Lanci of Echo Bay Futures & GoldFix on Substack joins us to wrap up market action in April and discuss Gold's outlook in May.Vince believes Gold has more downside and will be watching the action after the CPI on May 15. The market action post-CPI will give us a hint if the economy and market will enter a new regime of stagflation or recession or soft landing.0:00 Intro1:30 Gold & Silver End of April2:30 Gold vs. 60/40 Portfolio14:00 Current Gold Correction23:40 One Bullion Bank Short into $2100 Breakout27:25 Broken Correlations30:05 Next Signpost35:20 Gold Technical Levels42:15 Silver46:00 Gold Miners50:05 GLD & SLV have Hurt Miners53:35 Summary

David Skarica, publisher StockChartofTheDay (@scotday) on YouTube, discusses the breakout in Gold, stagflation vs. disinflation and the catalysts which will lead to an upside acceleration in Gold & Silver over the next few years. 0:00 Intro1:10 Correction in Gold & Silver6:50 The Bust: Stagflation & Disinflation11:00 Monetizing the Debt & Bear Market/Economic Downturn16:00 Reserve Currency & Monetizing the Debt19:45 New Regime w/ Bonds & Gold26:20 Dave's 4-Year Time Frame for Speculating28:50 Combination of 2000s & 1970s

Jeffrey Christian, Founding and Managing Director of CPM Group, a precious metals consultancy has followed, covered and advised on Gold and Silver for decades. He thinks the second half of 2024 will be stronger than the first for both metals and he says they have potential to spike in the next 12 to 18 months. 0:00 Intro1:25 All the Factors Driving Gold Strength10:00 Factors Driving Gold At $2300-$240017:15 Impact of Bonds on Gold22:45 Younger Investors & Gold, Silver26:50 Gold ETF Demand30:20 Gold Price Outlook34:00 Silver Price Outlook36:00 Silver in 1980 & Hunt Brothers

Gary Tanashian, ​⁠editor and publish of Notes From the Rabbit Hole (NFTRH.com) discusses the current macro, the meaning of the breakout in Gold and why Gold and gold miners will really soar after the coming bust. Recorded Thursday April 110:00 Intro1:25 Macro View: Stagflation or Disinflation4:30 Signals of New Inflationary Phase6:55 In New Economic World Now9:00 Gold Breakout is Telling Us Something12:25 Impact of Secular Bear in Bonds15:55 Gold Mining Fundamental Drivers19:50 Silver Technical Target of $3524:35 Gold/Silver Ratio28:50 Other Markets

John Miniotis, CEO of AbraSilver discusses the company's Diablillos project, the recent pre-feasibility study and exploration upside which the company will be targeting over the months head. Recorded April 10, 20240:00 Intro1:20 Diablillos Project Info & NPV at Current Metals Prices3:30 Diablillos M&I Resource5:30 Diablillos AISC7:00 Exploration Upside13:00 Jasperoid Target & Drilling Plan17:40 David O'Connor, AbraSilver's Chief Geo19:45 Financing23:50 How AbraSilver Can Get Re-Rating26:00 Adding High-Grade oz to Grow to 300M oz Ag-eq

Jared Dillian, author of the Daily Dirtnap and several books, argues the real reason Gold is ripping is because of impending debt monetization in the US. He discusses the breakout in Gold and lackluster sentiment towards it. He believes precious metals are in a new secular bull market.  0:00 Intro1:05 Those Bastards Book2:10 People are Flat-Footed & Underinvested in Gold3:55 Real Reason Gold is Ripping5:45 QE, Yield Curve Control & Debt Monetization8:00 Early Stages of Gold Breakout Move9:20 Silver11:15 Secular Trend13:30 Stock Market Outlook16:30 Herd Interest in Precious Metals22:00 Gold Price Targets

Ryan King, Senior VP of Corporate Development & part of Calibre Mining's management team, discusses the company's acquisition of the Valentine Gold project in Newfoundland and the work and capital required to build and operate the mine successfully. He also discusses the company's potential for a re-rating.0:00 Intro0:58 Pronunciation of Calibre2:10 Company Background & Operations5:45 Valentine Gold Project15:55 Funding for Valentine Mine Build21:25 Risks When Mine is Operating24:25 Low Valuation & Re-Rating Potential29:45 Calibre Potential

Axel Merk, Merk Investments President and Chief Investment Officer at Merk Investments, who manages two Gold ETFs, analyzes Fed Policy and the Gold Market. He believes that Gold will perform even better in a hard landing and is worried a hard landing could be on the horizon. He says that retail investors are still lukewarm about Gold and that hot money has been chasing crypto and not Gold. This allows us some time to position. 0:00 Intro1:00 Big Picture View3:35 Federal Reserve Policy Now8:00 Gold vs. Stock Market11:40 Retail Investors Still Lukewarm About Gold14:55 Gold ETF Flows17:05 What Could Go Wrong in Economy19:45 Geopolitics Impact

Vince Lanci of Echo Bay Futures & GoldFix on Substack joins us to discuss the Gold market as March & the first quarter end. Vince believes that fund flows from retail and generalists into Gold ETFs will not begin until the stock market declines. He also notes recent action from Bullion Banks and groups like the World Bank and BIS indicate they are preparing for Gold to move higher. 0:00 Intro1:45 End of Month & Quarter Analysis6:15 Downside Scenario9:30 Gold vs. Bonds14:30 When Will Retail/Generalists Buy GLD18:40 Precious Metals Diverge from Stock Market26:30 Reasons Gold Will Rise When Stocks Drop35:05 Press Preparing for Gold to Rise41:25 Silver

Greg Weldon  @GregoryWeldon analyzes the most recent developments in the economy and why we are headed for stagflation. He also analyzes Fed Policy, Gold against the Stock Market, Gold Miners, Juniors and Silver. 0:00 Intro1:15 Economic Summary & Outlook 6:30 Why Fed Flinched Last Week & Labor Market10:27 Yield Curve Control Coming?13:55 Policy Before Yield Curve Control16:00 Silver & $26 Resistance18:00 Gold vs. Stock Market21:05 Next Catalysts for Precious Metals Sector22:00 Miners & Juniors Opportunity26:25 Greg's Contact Info & Work