In Episode 357 of Hidden Forces, Demetri Kofinas speaks with the CEO of CrossBorder Capital, Michael Howell, about the run-up in gold and bitcoin prices and whether this signals the return of "money printing" driven by overwhelming government debt and deficit payments.
Michael Howell has had the most accurate economic and financial forecasts of any analyst Kofinas has spoken with in the last several years. Demetri asked him back on the podcast to help explain why risk assets continue to outperform despite higher interest rates and what new all-time highs in gold and Bitcoin signal about global liquidity and investor confidence in the integrity of fiat currencies as reliable stores of value amid skyrocketing government debt and deficits.
In the first hour, Michael breaks down the indicators he relies on to make his forecasts and why he expects economic growth and inflation to reaccelerate this year and into 2025. In the second hour, Howell forecasts which assets and asset classes he thinks will outperform, the direction of interest rates, the steepening of the yield curve, and how the expiration of the bank-term funding program (BTFP), the draw-down in the reverse repo facility (RRP), and a temporary decline in liquidity from tax payments could create buying opportunities for investors over the next several months.
You can subscribe to our premium content and access our premium feed, episode transcripts, and Intelligence Reports at HiddenForces.io/subscribe.
If you want to join in on the conversation and become a member of the Hidden Forces Genius community, which includes Q&A calls with guests, access to special research and analysis, in-person events, and dinners, you can also do that on our subscriber page at HiddenForces.io/subscribe.
If you enjoyed listening to today’s episode of Hidden Forces, you can help support the show by doing the following:
Subscribe on Apple Podcasts | YouTube | Spotify | Stitcher | SoundCloud | CastBox | RSS Feed
Write us a review on Apple Podcasts & Spotify
Subscribe to our mailing list at https://hiddenforces.io/newsletter/
Producer & Host: Demetri Kofinas
Editor & Engineer: Stylianos Nicolaou
Subscribe and Support the Podcast at https://hiddenforces.io
Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod
Follow Demetri on Twitter at @Kofinas
Episode Recorded on 03/13/2024
The Tyranny of Merit: What Has Become of the Common Good? | Michael Sandel
Understanding the STABLE Act and the Push to Regulate Crypto | Rohan Grey
What’s Gone Wrong with the Democratic Party & How to Fix it | David Shor
What America's Founders Learned from the Greeks & Romans | Thomas E. Ricks
Emerging Markets & the Turkish Lira: Assessing the Risks & Opportunities | Paul McNamara
The Long (and Short) of it: A Cynic’s Take on Markets & Investing | Jim Chanos
Ten Lessons for a Post-Pandemic World | Fareed Zakaria
Making Sense of Election 2020 and Its Aftermath | Matt Taibb
Limits and Consequences of Ponzi Economics on Politics, Markets, & Society
Rise of a New Kleptocracy: How Dirty Money is Conquering the World | Tom Burgis
The Kill Chain: Defending America in the Future of High-Tech Warfare | Chris Brose
Isolationism: A History of America’s Efforts to Shield Itself from the World | Charles Kupchan
Chinese Invasion Threat: Taiwan's Defense & American Strategy in Asia | Ian Easton
The Rise of Mohammed bin Salman and the Future of Saudi Arabia | Bradley Hope & Justin Scheck
'Accommodative' Monetary Policy & Risks to Central Bank Independence | Bill Nelson
The Hype Machine: The Promise and the Peril of Social Media | Sinan Aral
The Rise of Carry: the New Financial Order of Decaying Growth & Recurring Crisis
Some Thoughts to End the Summer...
Erdoğan’s Turkey & the Revival of the Ottoman Empire | Soner Çağaptay
Uncharted Future: Learning to Navigate an Unpredictable World | Margaret Heffernan
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
NABOR® TALKS
U.S Property Podcast
Aligned Money Show
The Ramsey Show
Planet Money