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Wealthion - Be Financially Resilient

Larry Lepard: The Big Monetary Print To $7 Million Bitcoin & $10k Gold

Feb 12, 2025
Larry Lepard, a legendary investor and author of "The Big Print," dives into the looming U.S. debt crisis and the importance of investing in hard assets, like gold and Bitcoin. He predicts gold could soar to $10,000 and Bitcoin might reach $7 million, driven by increasing institutional adoption. The conversation explores the risks of fiat currencies and highlights gold mining stocks as underrated investments. Lepard emphasizes the necessity of balancing investments and preparing for an economic reckoning.
42:11

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Investing in hard assets like gold and Bitcoin is essential for financial resilience amid a spiraling U.S. debt crisis and economic uncertainty.
  • While Bitcoin presents a high-growth investment with associated risks, gold offers stability, suggesting a balanced approach is vital for safeguarding wealth.

Deep dives

The Importance of Sound Money

The discussion emphasizes the significance of hard assets like gold and Bitcoin as forms of sound money, especially in light of current economic challenges. Both assets are viewed as protective measures against a deteriorating monetary system, with gold being described as 'analog sound money' and Bitcoin as 'digital sound money.' The speaker conveys that Bitcoin offers a unique fixed supply of 21 million coins, which distinguishes it from historical forms of money that have faced dilution. This characteristic is portrayed as a revolutionary advantage that could potentially redefine how people view and utilize money.

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