$150k Bitcoin And $5k Gold: ‘Inflationary Trap’ Getting Out Of Control | Lawrence Lepard
Kevin Dreher
1 min read
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Lawrence Lepard, Managing Partner of Equity Management Associates, discusses his outlook for
Bitcoin, gold, the broad stock market, and the health of the economy.
*This video was recorded on April 19, 2024
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0:00 – Intro
1:08 – Fiscal spending
8:28 – Inflation
10:13 – Health of economy
11:30 – Gold demand
16:00 – Bitcoin price recap
19:30 – Bitcoin halving
20:53 – Bitcoin price forecast
24:13 – Bonds
28:50 – Gold price outlook
32:55 – Gold miners
35:50 – Sound money
40:00 – Election 2024 and investing
41:45 – Lawrence Lepard
#bitcoin #gold #stocks
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What's your gold and Bitcoin price forecast for year-end? Comment below and don't forget to subscribe!
FOLLOW LAWRENCE LEPARD:
Equity Management Associates: https://ema2.com/
Twitter (@LawrenceLepard): https://twitter.com/LawrenceLepard
Bitcoin is not only a scam, but a pathetic waste of energy. Massive amounts of electricity wasted.
Great guest. Thank you !
If gold hits $5K btc will be way higher than $150K
I think it can be argued that part of the reason that Lawrence was wrong about being in a recession now is the fact that so many people in the economy are so freaking desperate. They’re desperate to make their bills. Their budgets. they’re desperate about the fears of what can happen next given how unstable things are for them right now. With few exceptions, the people I interact with, are in this kind of scenario. And it makes for a desperate labor force that can be manipulated at the same time it can be remaining strong for many reasons.
So, in short – there is no time for a recession to grab hold. People have no time for a recession. People are just too damn busy not letting recessions come into their lives.
May sound simplistic, but this shit really is not rocket science. It’s a different kind of demand. But it is demand nonetheless.
Move up weeks months after halving has very little to do with halving. Nonsense.
How much time you think he spends on creating that impossibly perfect curl on his forehead?
Bitcoin is traded by retail globally which makes it swing more. Will institutional investor accept that much volatility?
Another great video, thanks! I think the market is over-heated. And I am concerned that people are focusing less on fundamentals and just chanting the mantra of dollar cost averaging and driving the market higher without considering fundamentals. It is a catch-22 for me. I mean I like stock prices going higher but I also hate buying over-priced stocks and ETFs. Personally, I have stopped buying growth ETFs- they are ridiculously over-valued. Dividend stocks and ETFs are a little better but they are still over-valued. There is some hope with small and mid caps. I am not sure they are undervalued but at least they are less over-valued..This pattern offers a valuable insight for strategic planning. Despite these trends, i have delve deeply into active trading and managed to grow a nest egg of around 100k to a decent 432k in the space of a few months… I'm especially grateful to Tobias Hawke, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Ty great show killing it.
It still seems difficult to say printing money is a successful or a good economy. In Fla. people are just spending all of their money before, as they say they believe, the government steals it. So, why not live out the last few years as pleasantly as possible. That does seem to reflect a gloomy attitude overall. And the elderly have seen more than the younger so there is a good possabilty they now more. People seem to see that the IQ in the US has dropped dramatically–what they show not what they lie about.
It still seems difficult to say printing money is a successful or a good economy. In Fla. people are just spending all of their money before, as they say they believe, the government steals it. So, why not live out the last few years as pleasantly as possible. That does seem to reflect a gloomy attitude overall. And the elderly have seen more than the younger so there is a good possabilty they now more. People seem to see that the IQ in the US has dropped dramatically–what they show not what they lie about.
I don’t know. There seems to be a giant deflationary sucking sound coming from China that might suck the whole world down with it. At least initially.
I think Gold , Silver , BTC are going to become unobtanium at some point. Gold should already be over $5k in my opinion.
The performance of economy and government should focus on the bottom half only. Bottom half doing badly will mean the upper half will also feel the reduction in quality of life. Help the upper half if it means the lower half gets greater benefits.
The government has really called things more difficult for its citizens, and we can't sit back and bear all the consequences of the bad governance. It's obvious we are neck dip on inflation,it is always the poor who take the hit.
Considering the growing influence of the BRICS nations who are investing heavily in gold, what is their position on Bitcoin as a means of business transactions? I can see a digital form of a Bric backed by gold as being acceptable to them in trade.
Bitcoin a "sound money asset"? It's not even backed by a bankrupt USD scheme, just an algorithm greased by fools desperately seeking greater fools. Guys, there is no "there" there, and you know it…
Is bitcoin more like a risk asset or more like digital gold? When will anyone really address this in an unbiased meaningful way.
David another great report and you're looking rather dapper, too. Cheers, Mate.
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2023
Legitimate Larry ❤