Podcast: Play in new window
This week we look at Scott Bessent’s efforts to keep foreign buyers like Japan invested in U.S. Treasuries, the growing likelihood of financial repression, and why investors like Stanley Druckenmiller are pushing back on the direction of fiscal and monetary policy. If the plan is to manage the debt through inflation, suppressed rates, and a weaker dollar, what can investors actually do to protect themselves? We discuss why gold continues to play such an important role when confidence in government debt and currencies begins to erode.
