In a riveting discussion, Bob Thompson, a seasoned portfolio manager at Raymond James, and Larry McDonald, a bestselling author and political risk expert, delve into the soaring inflation in G7 economies. They explore the implications of a staggering $16 trillion debt surge since 2008 and its impact on long-term bonds and the US dollar. Highlighting central banks' increased gold purchases amid growing mistrust in US treasuries, they suggest a resurgence of gold as a hedge against inflation. The conversation also touches on market dynamics and investment strategies amid these economic shifts.