24 July 2023
Filmed on 29 June 2023
In this new and compelling episode of BullionStar Perspectives, US investment manager Lawrence Lepard talks to Ronan Manly about the extreme state of financial markets and the need for sound money.
The discussion covers everything from the Federal Reserve’s increasingly desperate attempts to prop up the system, to the risks of a banking crisis and US recession, and topics ranging from gold price manipulation to bitcoin, crypto and CBDCs.
Lawrence is founder and a managing partner of Equity Management Associates, an equity investment management firm based in Massachusetts which invests globally in private and public companies, with a particular focus on precious metals mining stocks and bitcoin.
Equity Management Associates https://www.ema2.com
Twitter: @LawrenceLepard
00:00 Introduction
00:48 US Inflation, the US Fed, and
US Interest Rates
02:30 Ability of the Fed to kick the can down the road
04:26 US Government official data vs market interpretations
06:42 Calm before the storm – Delayed rate hike reaction?
09:05 The Gold Price as a Barometer of Inflation
10:50 Gold Price Manipulation by the US Gov
13:48 WGC & MSM fail to address artificial gold supply
17:06 Bitcoin – Pricing, Outlook and Digital Scarcity
22:28 US Establishment’s Motivations for targeting Crypto
26:02 CBDCs – Establishment in panic to maintain status quo
29:34 Consequences of Western sanctions on Rest of World
32:32 Equity Management Associates – Investment Overview
36:25 Epilogue: Sound Money – Central banks have broken the money
37:18 Wrap-up