The Contrarian Capitalist Podcast

Matthew Piepenburg - Bond Yields, Trump, Powell, Tariffs, Debt, Gold & more

Apr 22, 2025
In this engaging discussion, Matthew Piepenburg, a finance pro and co-author of Gold Matters, delves into vital topics like the significance of bond yields as market indicators and the implications of rising national debt. He critiques U.S. monetary policy's impact on global economies while emphasizing the timeless value of gold as a safeguard against inflation. With insights on tariffs, central bank policies, and the need for financial education, Piepenburg encourages listeners to think critically about their wealth preservation strategies.
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INSIGHT

Rising Bond Yields Threaten Debt

  • Rising bond yields signal higher debt costs, which threaten indebted countries like the U.S.
  • The decline in U.S. treasury bond demand intensifies yield rises, risking economic instability.
INSIGHT

Powell's Dilemma on Rates and QE

  • Powell is trapped between raising rates and printing money, forced to bail out markets when bond yields spike.
  • The Fed must monitor 10-year treasury yields closely as they dictate debt costs and market stability.
ANECDOTE

Gold's Century-Long Wealth Preservation

  • In 1920, 250 ounces of gold could buy a house costing $5,000.
  • That same gold today could buy a house worth $700,000, preserving wealth across a century.
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