Time Stamp References:0:00 - Introduction0:40 - Rapid Writing7:30 - Avoiding the Noise10:30 - Gold, Don't Miss the Run14:20 - Political Realities19:35 - What no longer works21:30 - Coming Inflation Panic27:40 - Economics & Effects30:28 - Building Wealth Today34:00 - Slow & Steady38:25 - Zen Book Suggestions
Tom welcomes back E.B. Tucker to Palisade Radio. Mr. Tucker is a founder and director of Metalla Royalty & Streaming and the author of "Why Gold? Why Now?: The War Against Your Wealth and How to Win It".
E.B. discusses his new book and what led him to write it in just 23 days. The reasons for buying gold in the book include coming Negative Interest Rates, MMT, and the looming Fedcoin. The book outlines advice for purchasing gold and learning where to start in this space.
He argues that the U.S. is no longer a free market economy. We're in an environment where everything is distorted and manipulated. Short term trading in this environment doesn't work because of the massive news events and changes occurring. Focus on the long-term because you can't time this market.
How is it possible that the U.S. can spend in merely three years the equivalent in value of all the gold ever mined? When gold takes off, it's going to go very fast, and it's not coming back to pick you up.
You can play where the world appears to be inevitably heading. E.B. gives some advice for dealing or rather not dealing with politics. He says, "Get serious about your money and figure out what is coming next."
When people realize they are losing money to inflation, they will panic and look for something tangible to place their wealth.
Lastly, he discusses what an optimal portfolio might look like and why you don't want to overweight your speculative positions.
Mr. Tucker writes The Casey Report, a monthly investment advisory founded by legendary resource speculator Doug Casey. Prior to joining Casey, he served as the analyst and lead analyst on Stansberry's Investment Advisory and The Bill Bonner Letter respectively. Before joining Stansberry, Mr. Tucker was a founding partner of KSIR Capital Management; an asset management firm focused on precious metal equities. He also co-founded KSIR Capital, a corporate finance advisory firm focused on the precious metals industry. He holds a B.Sc. in Business Administration with a focus in Finance from the College of Charleston in Charleston, South Carolina.