Jim Bianco on a Booming American Economy while Europe Struggles and Gold Moves Higher
In this long-form, Jim Bianco discusses various macroeconomic topics, including interest rate expectations, inflation, remote work's impact on spending and real estate, and the restructuring of New York Community Bank. He highlights the divergence in the global economy, with the US experiencing strong growth and increased consumer spending, while Europe struggles. Bianco also emphasizes the importance of understanding the Fed's political considerations and the potential for higher inflation and interest rates. The conversation provides insights into the changing dynamics of the economy and the challenges faced by regional banks. He also explores the surprising performance of gold and the factors driving its rally. Additionally, he shares his concerns about Bitcoin ETFs and emphasizes the need for cryptocurrencies to serve as an alternative financial system for people in countries with shaky currencies and corrupt banking systems.
We'd like to thank our sponsors:
Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in Arizona, a tier 1 location. The Cactus Mine Project is located less than an hour's drive from the Phoenix International airport via highway i-10, and with grid power and the Union Pacific Rail line situated at the base of the Cactus Project main road. With permitted water access, a streamlined permitting framework and infrastructure already in place, ASCU's Cactus Mine Project is a lower risk copper development project in the infrastructure-rich heartland of Arizona.For more information, please visit www.arizonasonoran.com.
Fireweed Metals is advancing 3 different projects within the Yukon and Northwest Territories, including the flagship Macmillan Pass Project, a large zinc-lead-silver deposit and the Mactung Project, one of the largest and highest-grade tungsten deposits in the world. Fireweed plans to advance these projects through exploration, resource definition, metallurgy, engineering, economic studies and collaboration with indigenous people on the path to production. For more information please visit fireweedmetals.com.
Vizsla Silver is focused on becoming one of the world’s largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource, which will grow with a resource update in early 2024. Learn more at https://vizslasilvercorp.com/
Victoria Gold operates the Eagle Gold Mine within the Dublin Gulch Property. Eagle is the largest gold mine in Yukon's long history of gold production. In addition to the long-life Eagle Gold Mine, the Dublin Gulch property has upsized exploration potential including priority targets Raven and Lynx among others. Follow all the gold production and exploration news at vgcx.com.