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The Financial System Is Cracking—Smart Money Is Moving to Gold | Jonathan Wellum

Feb 5, 2025
Jonathan Wellum, CEO of Rocklink Asset Partners, discusses the impending cracks in the financial system amidst soaring global debt. He highlights why gold is regaining its status against fiat currencies and the significant shift of smart money towards precious metals. Wellum addresses the risks posed by central bank policies, the implications of the $36 trillion U.S. debt crisis, and the impact of geopolitical tensions on market stability. Listeners gain insights into how to strategically position their portfolios for the upcoming volatility.
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ANECDOTE

Canadian Tariffs

  • Canada is concerned about the 25% tariffs on goods sent to the US.
  • This impacts about 40% of Canada's economy, as the US is a major trading partner.
INSIGHT

2024 Stock Market Surprise

  • The 2024 stock market surge surprised experts, defying bearish predictions.
  • Investors should exercise caution in 2025, focusing on valuations and potential headwinds like tariffs.
INSIGHT

Precious Metals as a Mainstay

  • Rocklinc increased precious metals holdings due to concerns about fiat currency sustainability.
  • Their holdings grew from 5-6% to almost 18% due to growing national debt and monetary instability.
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