💰Sound money includes gold, silver, and Bitcoin and serves as a store of value.
📉The economy is slowing down with signs of bankruptcies and companies missing guidance.
📊Inflation is receding, but there are still higher prices for essentials like gasoline and food.
🔒The Federal Reserve is likely done raising interest rates and may start cutting rates next year.
💸Bank failures like Silicon Valley Bank suggest issues with treasury durations and could lead to a systemic banking problem.
What is sound money?
—Sound money is money that the government can't print, including gold, silver, and Bitcoin.
What are the signs of the slowing economy?
—Bankruptcies, companies missing guidance, and a slowdown in various sectors.
Is inflation still a concern?
—Inflation is receding, but prices for essentials like gasoline and food remain higher.
What is the Federal Reserve's monetary policy?
—The Federal Reserve is likely done raising interest rates and may start cutting rates next year.
Are bank failures a systemic issue?
—Bank failures like Silicon Valley Bank suggest issues with treasury durations and could potentially lead to a systemic banking problem.
00:00Sound money includes gold, silver, and Bitcoin and serves as a store of value.
03:15The economy is showing signs of slowing down with bankruptcies and companies missing guidance.
05:50Inflation is receding, but prices for essentials like gasoline and food remain higher.
07:20The Federal Reserve is likely done raising interest rates and may start cutting rates next year.
09:20Bank failures like Silicon Valley Bank suggest issues with treasury durations and could potentially lead to a systemic banking problem.
