The David Lin Report People Don’t Realize ‘How Bad This Could Get’; Gold To $7,000 In Dollar Crisis
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Apr 22, 2025 
Luke Gromen, Founder & President of Forest For The Trees, and James Thorne, Chief Market Strategist at Wellington-Altus Private Wealth, dive into the precarious state of the U.S. economy. They discuss the declining status of the dollar and how it may lead to rising gold prices. Exploring economic rebalancing, they highlight the potential impact of impending debt downgrades and interest rate dynamics. The duo also considers innovative solutions like 'bit bonds' amid growing concerns over national debt, urging a reevaluation of investment strategies in a volatile landscape.
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Trump's Capital Flow Reversal
- Trump's administration aims to reverse decades of capital and trade flows by discouraging foreign investment in US financial assets.
- They want capital redirected into US infrastructure, factories, or gold, causing stocks and bonds to fall while gold rises.
Managed Dollar Decline Needed
- The US is shifting from creditor to debtor status, resembling historical empire declines.
- A managed decline of the US dollar paired with lower interest and commodity prices might make debt sustainable.
Debt Payments Exceed Receipts
- US interest and entitlement payments now exceed 100% of government receipts, signaling fiscal unsustainability.
- A debt downgrade seems inevitable as deficits grow and receipts likely fall with stock market declines.