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 Impact of COVID-19 on Global Supply Chains with ISM CEO | Tom Derry
The Second Leg Down: Strategies for Profiting After a Market Sell-Off | Hari Krishnan
Gillian Tett | Wartime Economy: The Greatest Financial & Political Crisis Since World War II
Why a Spike in the Price of Gold Futures Matters for People Buying Toilet Paper in Nebraska | Josh Crumb
George Selgin | Government-Mandated Shutdown: Monetary & Fiscal Policy in Crisis
Ben Hubbard | Saudi Arabia’s Oil Price War & the Rise of Mohammed Bin Salman
Coronavirus: An Analysis Using Complex Dynamic Systems Theory | Yaneer Bar-Yam
Theories of War & How the ‘Rest’ Learned to Fight the West | David Kilcullen
Mike Green | Passive Investing's Role in the Coronavirus Market Melt-Down & Prospects for a Melt-Up
Laura Huang | Find Your Edge: Learning How to Turn Adversity into Advantage
Peter Zeihan | Disunited Nations: The Scramble for Power in an Ungoverned World
Financial Nihilism: Price Discovery in a World Where Nothing Matters | Ben Hunt & Grant Williams
Demetri Kofinas Shares Stories from his Life and Career in Markets and the Media on TC’s Chartcast
Christopher Cole | The Hundred Year Portfolio: How to Grow & Protect Generational Wealth
Homo Sovieticus and the Wily Man: Truth, Ambition, & Compromise in Putin’s Russia | Joshua Yaffa
How to End the New Class War and Save Democracy From the Managerial Elite | Michael Lind
Sean Carroll | Why Almost No One Understands Quantum Mechanics and Other Problems in Physics & Philosophy
Jim Grant | What’s the Price of Mispricing Risk? Interest Rates, Repo Markets, and an Activist Fed
David Epstein | Range: Why Generalists Triumph in Today’s Specialized World
Eugenia Zukerman | Like Falling Through a Cloud: a Conversation About Life, Music, and the Ethereality of Memory
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