Larry Lepard: The Fiat System Is Failing - Gold Exploding Is the Alarm Bell | Part I

Legendary gold investor Larry Lepard joins Trey Reik for Part I of a powerful two-part conversation on why gold is pressing to all-time highs, and what it signals about a potential collapse of our global fiat-based financial system. Larry breaks down the key themes of his new book The Big Print, explaining why the sovereign debt crisis is already here, why trust in fiat money is evaporating, and how sound money like gold, silver, and Bitcoin will be essential to surviving what’s coming. In this episode: Why gold’s breakout is the ultimate warning signal How the Federal Reserve system is at a breaking point Gold vs. Bitcoin: competition or complement? Why gold equities are misunderstood — and undervalued The smart way to position yourself now Don’t miss part II, coming out tomorrow! Chapters: 1:11 - How Larry’s Book Is Waking People Up 2:17 - The Big Print: Why Your Money Is Losing Value, and Fast 5:13 - Bitcoin vs. Gold: Frenemies in the Fight Against Fiat? 7:34 - Gold Is Exploding: Here’s What the Media Won’t Say 9:45 - The 3 Warning Signs You Can’t Ignore 12:29 - Quiet Gold Rush: The Wealthy Are Moving Fast 14:59 - Basel III: The Trigger No One’s Talking About 18:49 - Think You Missed Gold? Think Again 21:48 - $10,000 Gold? The Math That Might Surprise You 25:57 - When to Sell Gold: The Signal to Watch For 27:38 - Gold Stocks: Why They’re Worth the Trouble 33:31 - Gold Miners Burned You Before? This Time Is Different 36:46 - Gold Investing Mistake #1: Going All In on One Stock Investment Concerns? Get a free portfolio review with Wealthion’s endorsed financial advisors at https://bit.ly/3FXeluF Hard Assets Alliance - The Best Way to Invest in Gold and Silver: https://www.hardassetsalliance.com/?aff=WTH Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #Investing #Gold #Bitcoin #SoundMoney #LarryLepard #FederalReserve #SovereignDebt #GoldStocks #Macroeconomics #HardAssets #EconomicCrisis #Inflation _________________________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields. While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor. We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so. The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust. Learn more about your ad choices. Visit megaphone.fm/adchoices

For years, gold was dismissed as a “pet rock.” Now, it’s being discussed as a strategic U.S. asset. In the premiere episode of The Wealthion Flash Market Report, Bristol Gold Group’s Trey Reik and Windrock’s Brett Rentmeester break down what could be a turning point for precious metals following U.S. Treasury Secretary Scott Bessent’s surprising comments to Tucker Carlson on gold’s role in the financial system. They also discuss the Trump administration’s market shocking tariffs, what they mean for financial markets, and how investors should position their portfolios. Topics discussed: Windrock’s defensive strategy: hard assets, low correlation, and liquidity What Trump’s tariff strategy means for markets in 2025 Gold reaching $15k? Could the U.S. revalue its gold reserves to reduce Treasury bond issuance? Why central banks are doubling down on gold Silver’s historic undervaluation and the gold/silver ratio Basel III’s hidden impact on gold as a Tier 1 asset Investment Concerns? Get a free portfolio review with Wealthion’s endorsed financial advisors at https://bit.ly/4hYRGLP Hard Assets Alliance - The Best Way to Invest in Gold and Silver: https://www.hardassetsalliance.com/?aff=WTH Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #Investing #Gold #Silver #PreciousMetals #GoldInvesting #Macro #MarketUpdate #CentralBanks #EconomicOutlook #HardAssets #GoldVsDollar #PortfolioStrategy #ScottBessent #Windrock  ________________________________________________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields. While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor. We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so. The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust. Learn more about your ad choices. Visit megaphone.fm/adchoices

Are the U.S. and global markets on the edge of a massive regime change? In this high-impact Part II, The Bear Traps Report founder and bestselling author Larry McDonald shares with James Connor a dire warning: U.S. sanctions and Trump’s tariffs are forcing global central banks to ditch U.S. treasuries for gold, the dollar is entering a structural decline, and a coming economic slowdown could pull the S&P 500 down to the low 4,000s. He breaks down where capital is headed and why gold, silver, oil, and emerging markets will be the big winners. Then, Rocklinc’s Jonathan Wellum shares his thoughts on Larry’s interview and his firm’s portfolio strategy. He explains why he holds nearly 30% cash, favors investing in royalty companies over miners, and avoids European exposure in favor of select value stocks. The conversation also tackles reshoring, structural inflation, Trump’s likely economic pivot, and what investors should do now to prepare. Chapters: 0:24 - Golden Rush: Is It Time to Bet Big on Precious Metals? 1:37 - Sanction Shockwaves: Why Central Banks Are Forced into Gold 2:25 - Mining for Value: Gold Stocks Trading at Bargain Prices 3:29 - The Gold Paradox: Why Aren’t Miners Keeping Up? 5:27 - Silver’s Great Frustration: Will It Ever Shine Again? 6:57 - What’s Next for the Fed Under Trump? 8:07 - Dollar in Decline: Is the US Currency Losing Its Grip? 9:48 - America’s Manufacturing Meltdown: Jobs Gone Overseas 10:26 - Recession Red Flags: Preparing for the Big US Slowdown 11:16 - Canada: Emerging Market or Economic Misstep? 12:22 - Wall Street Secrets: Behind the Scenes with Top Investors 14:53 - Jonathan Wellum Shares His Thoughts On Larry’s Insights 19:35 - Investing in Uncertainty: Picking Winners and Holding Cash 24:22 - Crash or Correction? Predicting the Next Market Move 26:09 - Canada’s Crossroads: Critical Election and Economic Realities If you missed part I of this insightful interview, watch it here: https://youtu.be/BAAobevohdI Investment Concerns? Get a free portfolio review with Wealthion’s endorsed financial advisors at https://bit.ly/41WYWTY Hard Assets Alliance - The Best Way to Invest in Gold and Silver: https://www.hardassetsalliance.com/?aff=WTH Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #Investing #Gold #Silver #HardAssets #Macroeconomics #MarketCrash #Recession #FedPivot #DollarCrisis #CentralBanks #Commodities #EmergingMarkets #ValueInvesting #PortfolioStrategy #InterestRates #StockMarket ________________________________________________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields. While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor. We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so. The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust. Learn more about your ad choices. Visit megaphone.fm/adchoices

Markets have tanked following President Trump’s announcement of sweeping global tariffs yesterday. The S&P 500 and Nasdaq experienced their worst day since 2020, and the small caps index, the Rusell 2000, has entered Bear Market territory. In this special edition of Rise Up!, we bring immediate reaction and expert analysis from Peter Boockvar and Scott Schwartz of Bleakley Financial Group. Join hosts Terri Kallsen and Joe Duran from Rise Growth Partners and our guests as we break down: Why are markets reacting so violently to Trump’s reciprocal tariff announcement The broader economic consequences of these tariffs in the U.S., from supply chains to recession risk Whether this tariff shock could trigger a global recession Which sectors and stocks are getting hit hardest, and if now’s the time to buy the dip Safe havens like gold, treasuries, and cash: are they back in favor? How investors should position themselves in the face of rising economic and market uncertainty This is one of the most consequential days for markets in years. Don’t miss this timely and insightful conversation about what it all means and how to position your portfolio now. Recorded LIVE on April 3rd, 2025. We want to hear from you! What would you like to see on Wealthion? Please take our poll here: https://www.youtube.com/post/UgkxtJvEEM4j_eRy7iT---EJ_mbkp1En1P0O Investment Concerns? Get a free portfolio review with Wealthion’s endorsed financial advisors at https://bit.ly/4i4v7pg Hard Assets Alliance - The Best Way to Invest in Gold and Silver: https://www.hardassetsalliance.com/?aff=WTH Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #Investing #StockMarket #MarketCrash #TrumpTariffs #Tariffs #TradeWar #EconomicOutlook #FinancialNews #PortfolioStrategy #LiveFinance #PeterBoockvar #Recession #BearMarket ____________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields. While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor. We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so. The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust. Learn more about your ad choices. Visit megaphone.fm/adchoices

The U.S. debt crisis is spiraling and Larry McDonald says the market hasn’t priced it in. With over $37 trillion in debt and $1 trillion in annual interest payments, the U.S. is barreling toward what McDonald calls a “Liz Truss moment”: a surge in bond issuance that could trigger market chaos. In this eye-opening interview, The Bear Traps Report founder and bestselling author joins James Connor to explain why we’re entering a stagflationary regime eerily similar to the 1970s and why your portfolio needs to adapt. Topics discussed in part I: Why the U.S. faces a debt-driven crisis of confidence The real S&P 500 earnings (hint: it’s not $270, but much lower) A $4 trillion rotation out of Big Tech How capital is fleeing U.S. markets and into global value Why hard assets like gold, oil, copper, and coal are set to outperform What “financial repression” means for your money Don’t miss part II of this insightful and actionable interview coming out tomorrow! Chapters: 0:54 - Why Panama? Inside Larry’s Strategic Move 2:22 - What Investors Are Really Worried About Right Now 5:34 - The U.S. Debt Spiral: Can It Be Financed? 9:59 - The Coming “Liz Truss” Shock for U.S. Bonds 12:04 - Inflation Won’t Quit: Can the Fed Keep Up? 13:41 - Is the U.S. Headed for Recession or Just Slowing Down? 16:47 - Bond Market Whiplash: What the Volatility Signals 20:52 - TLT, Bonds, and a World of Higher Rates 22:11 - Global Capital Is Moving—Here’s Where It’s Going 24:16 - S&P in Trouble? The Earnings Crash Nobody’s Pricing In 26:46 - Betting on Gold: Why the Smart Money’s Watching It What would you like to see on Wealthion? We want to hear from you! Please take our poll here: https://www.youtube.com/post/UgkxtJvEEM4j_eRy7iT---EJ_mbkp1En1P0O Investment Concerns? Get a free portfolio review with Wealthion’s endorsed financial advisors at https://bit.ly/41WYWTY Hard Assets Alliance - The Best Way to Invest in Gold and Silver: https://www.hardassetsalliance.com/?aff=WTH Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #Investing #DebtCrisis #Stagflation #Gold #HardAssets #SovereignDebt #MarketCrash #EconomicCrisis #CapitalFlight #MacroInvesting #FinancialRepression #S&P500  ________________________________________________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields. While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor. We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so. The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust. Learn more about your ad choices. Visit megaphone.fm/adchoices

Major tariff announcements are coming April 2nd and markets are holding their breath. Is this the beginning of a renewed trade war? Or is it just a high-stakes negotiation tactic? In this special edition of Rise Up, Rise Growth Partners’ Joe Duran and Terri Kallsen are joined by investment veterans Peter Boockvar of Bleakley Financial Group and Benjamin Wallace of Grimes & Co. to unpack what’s really going on and how you should respond as an investor. - The two possible tariff paths and their vastly different market implications - Why uncertainty, not tariffs themselves, is the market’s biggest enemy - The strange logic of Trump’s communication style: showmanship as a good sign? - Why reversibility matters: could this all be walked back in weeks? - What smart investors should do now: rethinking risk, value stocks, and diversification Chapters: 1:41 – The Tariff Countdown Begins: What’s Really at Stake? 3:20 – Two Roads Diverge: Which Tariff Path Will Trump Take? 5:09 – Tax or Tactic? Decoding the Real Agenda 8:23 – Will It Stick? Reading the Tea Leaves on Tariff Permanence 11:44 – Trump Takes the Stage: Showbiz or Serious Policy? 13:26 - Investor Pulse: Navigating Client Concerns 15:27 - Strategic Calm: Charting Your Next Move What would you like to see on Wealthion? We want to hear from you! Please take our poll here: https://www.youtube.com/post/UgkxtJvEEM4j_eRy7iT---EJ_mbkp1En1P0O Investment Concerns? Get a free portfolio review with Wealthion’s endorsed financial advisors at https://bit.ly/3FQIT1b Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #Investing #Tariffs #StockMarket #Trump #MarketUpdate #TradeWar #EconomicOutlook #InvestorTips #GlobalMarkets #April2 ________________________________________________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields. While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor. We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so. The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust. Learn more about your ad choices. Visit megaphone.fm/adchoices

Is Wall Street ignoring the true risk in markets? Michael Gayed joins Maggie Lake to explain why investors are watching the wrong risk signals by focusing on Trump’s tariffs and why small caps, Japan, and junk debt may hold the real clues to what happens next. In this in-depth conversation, Michael breaks down: Why small caps are halfway through a lost decade How Japan’s monetary policy and the reverse carry trade could trigger a global credit event The dangerous disconnect between small caps and junk debt spreads Why passive flows into mega-cap stocks are masking real economic weakness How a bullish or bearish tail event could resolve these market distortions And why gold may not behave like a safe haven in the next crisis Chapters: 0:32 - Tariff Tensions: Growth Under Pressure? 4:23 - Zombie Small Caps: Crisis or Transformation? 6:57 - Mega Tech Mirage: The Illusion of Market Health 9:25 - Reverse Carry Unveiled: Japan’s Financial Tipping Point 14:35 - Trump’s Dollar Dilemma: The Weaker Wish 16:02 - Unwinding Uncertainty: What Could Spark A Japan Panic? 20:59 - Gold Sell-Off: Unveiling the Warning 24:05 - Economic Signals: Growth or Gloom in the US? 27:25 - Deregulation Dilemma: Positioning for Change 29:47 - Oil Outlook: Balancing Supply, Demand, and Risk 30:56 - Equity Rotation: Shifting from Mega Caps 33:11 - Small Cap Timing: Seizing the Opportunity 35:26 - Global Pivot: Betting on International Markets 36:20 - Conviction Check: What Would Change the Game? We want to hear from you! What would you like to see on Wealthion? Please take our poll here: https://www.youtube.com/post/UgkxtJvEEM4j_eRy7iT---EJ_mbkp1En1P0O Investment Concerns? Get a free portfolio review with Wealthion’s endorsed financial advisors at https://bit.ly/4lckV0E Hard Assets Alliance - The Best Way to Invest in Gold and Silver: https://www.hardassetsalliance.com/?aff=WTH Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #Investing #MichaelGayed #Markets #SmallCaps #Japan #TailRisk #CreditCrisis #Gold #Bonds #EconomicOutlook #StockMarket #MarketCrash #Recession #PassiveInvesting #Macro #Tariffs  ________________________________________________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields. While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor. We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so. The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to the latest episode of Rise UP! Your go-to weekly market and economic recap, where the biggest financial stories meet top financial minds for expert analysis. This week, host Terri Kallsen, CFP® welcomes Benjamin Wallace and Todd A. Herman, CFP®, AIF® from Grimes & Company for a practical breakdown of how investors should respond to today’s most urgent headlines. With tariffs rattling global markets, rising volatility, and new leadership policies reshaping trade dynamics, what should investors do? Ben and Todd explore the real impact of tariffs on autos, oil, and supply chains, discuss the resilience of credit markets, and reveal where opportunities may lie beneath the surface. They also share essential portfolio strategies, including how to mitigate sequence of returns risk, manage volatility without trying to time the market, and investing in precious metals (like gold, silver, and copper) wisely. Plus, what forward-looking data like PMI and ISM reports tells us you won’t hear on the front page. Key Topics Covered: 25% auto tariffs & global supply chain disruption Investing in credit markets vs equity markets today Sector rotation: energy, healthcare, tech, & industrials Gold’s surge: safe haven or speculative bet? Portfolio protection: cash reserves, diversification, and active risk management Sequence of returns risk explained with real-world impact How to interpret PMI and ISM to stay ahead of market moves We want to hear from you! What would you like to see more of on Wealthion? Please take our poll here: https://www.youtube.com/post/UgkxtJvEEM4j_eRy7iT---EJ_mbkp1En1P0O Investment Concerns? Get a free portfolio review with Wealthion’s endorsed financial advisors at https://bit.ly/3Y84IPY Hard Assets Alliance - The Best Way to Invest in Gold and Silver: https://www.hardassetsalliance.com/?aff=WTH Chapters: 1:54 - Setting the Stage 4:23 - Understanding Sequence of Returns Risk 9:46 - Spotting Opportunities in Sector Rotation 11:00 - Decoding Credit Market Signals 16:19 - Precious Metals: How Much Is Too Much? 18:54 - Gold’s Future: Could It Hit $8K? 29:12 - Balancing Recession Fears with Reality 34:29 - Secondary Tariffs & Oil Market Volatility 38:00 - Interpreting PMI & ISM for Future Growth Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #Investing #Tariffs #MarketVolatility #Gold #PortfolioStrategy #EconomicOutlook #StockMarket #PreciousMetals #SectorRotation #FinancialPlanning #RecessionRisk #PMI #ISM #InterestRates ____________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields. While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor. We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so. The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust. Learn more about your ad choices. Visit megaphone.fm/adchoices

Economist, financial expert, and bestselling author Dr. Nomi Prins sits down with James Connor and dives deep into the economic storm clouds she sees gathering over Wall Street and Main Street alike. With Wall Street sitting on a “hidden” $620 billion ticking time bomb of loan losses (levels not seen since 2008), the risks of another banking crisis are mounting. Nomi explains why persistent inflation, record consumer debt, and tariff uncertainties are increasing the threat of a consumer recession, putting the economy at significant risk of stagflation. She reveals how the Fed’s next moves, with potentially deeper interest rate cuts, could reshape markets dramatically. You’ll also hear from her about major geopolitical shifts, including Europe’s surging defense spending amid ongoing global tensions, and why central banks (particularly China) are rapidly diversifying from U.S. Treasuries into gold, likely pushing gold prices significantly higher. Chapters: 0:58 - Fed Meeting Insights: Growth and Inflation Shifts 3:43 - Economic Slowdown: Warning Signs Unveiled 6:11 - Consumer Crisis: The Reality Behind Spending Declines 11:44 - Wall Street Banking on the Edge 17:00 - Could Another Silicon Valley Crisis Unfold? 18:18 - Recession or Reset? Forecasting 2025’s Economy 21:31 - Deficit Dilemma: The Burden of Ballooning Debt 24:47 - Europe’s Defense Surge: A New Global Shift 28:52 - Market Moves: S& P500 and European Equities in Focus 34:17 - Gold’s Rising Power: Insights from the Austrian Mint 37:27 - China’s Pivot: From US Treasuries to Gold We want to hear from you! What would you like to see more of on Wealthion? Please take our poll here: https://www.youtube.com/post/UgkxtJvEEM4j_eRy7iT---EJ_mbkp1En1P0O Investment Concerns? Get a free portfolio review with Wealthion’s endorsed financial advisors at https://bit.ly/3Xz3ihq Hard Assets Alliance - The Best Way to Invest in Gold and Silver: https://www.hardassetsalliance.com/?aff=WTH Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #Investing #WallStreet #Recession #Stagflation #EconomicCrisis #Gold #Inflation #BankingCrisis #FederalReserve #NomiPrins #Economy #MarketCrash #FinancialNews #StockMarket #ProtectYourWealth #DebtCrisis #FinancialEducation #Stocks #FinancialFreedom #InvestmentStrategy #InterestRates #Markets ________________________________________________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields. While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor. We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so. The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust. Learn more about your ad choices. Visit megaphone.fm/adchoices

Trey Reik’s conversation with Rudi Fronk (CEO of Seabridge Gold) provides a detailed roadmap for successful investing in the exploration and development sector of gold-mining equities.   Trey and Rudi first discuss the various stages of gold mine development (from discovery to commercial production), with focus on the time, resources and risks involved at each stage.  Importantly, they identify how the process of mine-development progressively revalues a company’s below-ground gold reserves providing an attractive value-creation opportunity.  Second, they identify the characteristics and fundamentals of successful gold exploration plays.  And finally, Trey and Rudi examine how Seabridge Gold stacks up among the global universe of explorers and developers in the gold-mining universe. Chapters: 1:03 - Legacy Unveiled: 40 Years in Gold 3:41 - The Mining Journey: From Discovery to Production 5:50 - Valuing the Underground: Gauging Ounce Worth 7:09 - Benchmarking: The $50 per Ounce Debate 8:03 - Price Perspectives: Seabridge’s Resource Valuation 9:30 - The Emerging Playbook: Key Criteria for New Producers 10:24 - Mapping the Territory: North American Focus 11:45 - Share Count Strategies: Growth vs. Dilution 12:49 - Rethinking the Giants: Negative Survivorship Bias 15:12 - Replacement Realities: The Challenge of Sustaining Ounces 18:14 - Beyond DCF: Embracing Optionality in Valuation 22:22 - Permitting Power: What Does Fully Permitted Mean? 24:28 - Strategic Financing: Spotlight on Key Investments 26:11 - Power Play: Locking in Hydroelectric Advantage 29:14 - 2025 Vision: Charting Corporate Goals 32:57 - Navigating Rights: Tunnel Occupation Disputes 37:51 - Community Engagement: Consultation Challenges 39:44 - Market Dynamics: Deciphering the Share Price Lag 47:46 - Final Thoughts: Summing Up the Investment Thesis We want to hear from you! What would you like to see more of on Wealthion? Please take our poll here: https://www.youtube.com/post/UgkxtJvEEM4j_eRy7iT---EJ_mbkp1En1P0O Investment Concerns? Get a free portfolio review with Wealthion’s endorsed financial advisors at https://bit.ly/4j9Rb2J Hard Assets Alliance - The Best Way to Invest in Gold and Silver: https://www.hardassetsalliance.com/?aff=WTH Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #Investing #Gold #GoldStocks #SeaBridgeGold #GoldInvesting #MiningStocks #InvestmentTips #RudiFronk #PreciousMetals #StockMarket ________________________________________________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields. While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor. We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so. The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust. Learn more about your ad choices. Visit megaphone.fm/adchoices