Hard Asset Money Show -- The 2024 Election




Also in Podcast

Hard Asset Money Show -- The Escalation of the Russian-Ukrainian War with Tom Fuentes

06/12/24 In a two part series with former assistant director of the FBI, Thomas Fuentes, Christian talks about why President Biden is authorizing US weapons to be launched from Ukraine directly into Russia? Russia has now sent over a carrier group of ships to Havana, and potentially Venezuela, in what looks to be a position in the Caribbean. Both sides are escalating this, and there seems to be no effort on either side to negotiate. Putin’s foreign minister Sergey Lavrov says that if NATO countries are sending their weapons into Ukraine to be fired upon Russia, that is an act of war.

Hard Asset Money Show -- U.S. Producer Price Index Escalation

Between 70-80% of manufactured goods that are imported into the United States comes from four countries – China, India, Mexico, and Brazil. The U.S. dollar lost about 16-18% through the first week of May against these foreign currencies. China, which is one of the largest producers of manufactured goods, is starting to increase its pricing models because of inflation, as well as their economic slowdown from their real estate market. The Producer Price Index is going to escalate. What we will see in the near future is hyperinflation, stagflation, adjustable mortgages will go from 2.5% three years ago to 7-8%. The economy is going to go south with no end in sight.

Hard Asset Money Show -- US Treasury Bonds

In recent months, the 30, 20, and 10 year treasury bonds have had challenges. The government has been having problems finding private sector investors that will buy them, whether it’s a bank, a hedge fund, or a financial institution of another manner. For the last month with the 30 and 20 year bonds at the current rates, there has been very little to no private sector wealth that would be willing to accept those rates. The 10 year bond was trading at 4.166%, but as of April 10, 2024, the bond jumped to 4.560%, which is a 10% increase in the interest rate. This is the third biggest tail on record.