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Shaun Newman Podcast

#732 - Tom Luongo & Alex Krainer #16

Oct 23, 2024
Tom Luongo, a former research chemist and economist, is joined by Alex Krainer, a former hedge fund manager and author. They dive into the complexities of the BRICS summit and its impact on global finance, questioning the narratives around North Korea's involvement in Ukraine. The discussion also touches on rising geopolitical tensions involving Israel and Iran, and the intricacies of U.S. military strategies. With a focus on the upcoming elections, they explore how powerful players manipulate politics, igniting a hopeful dialogue about future reforms and engagement.
01:33:19

Podcast summary created with Snipd AI

Quick takeaways

  • Investing in precious metals like gold and silver is increasingly seen as a safeguard against economic instability and inflation.
  • Engagement in local elections is crucial, with events planned to foster community participation and diverse viewpoints on electoral processes.

Deep dives

Importance of Precious Metals Amid Economic Uncertainty

The current economic landscape underscores the significance of investing in precious metals like gold and silver. Gold prices are at all-time highs, reflecting a general lack of trust in government and institutional stability. This has led individuals to seek refuge in physical assets, as buying fractional gold coins has become a viable way to protect savings. The mention of discounts on quarter-ounce gold coins highlights an avenue for investors to start safeguarding their assets during uncertain times.

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