Wed, 24 June 2020
Jason Hartman talks about the U.S. dollar and its strength through pandemic times, while Steven Roach has differing opinions. Will the dollar decline because of coronavirus or will the global currency maintain its value? Also, record low interest rates caused the sale of new homes to jump in May.
Brent Johnson returns to the show to discuss the broad term currency as it pertains to gold, the U.S. dollar, and many other currencies around the world. Brent shares his views on gold and the role it plays. As well, Brent and Jason discuss what is needed for money to be loaned into existence.
[1:42] Steven Roach’s new prediction.
[2:45] The ‘Sofa Summit,’ Meet the Masters 22nd Anniversary, in virtual style new dates: July 31st (Friday Evening), Saturday and Sunday, August 1st and 2nd. With keynote speaker, Harry Dent!
[4:45] Will the dollar decline because of Coronavirus?
[14:00] Sales of new homes jumped in May due to low interest rates.
[18:35] Let’s talk about gold and the role it plays.
[25:00] Because money is loaned into existence, you need monetary velocity or credit expansion to be taking place.
[28:00] What about military tensions?
[32:45] How delicate is our economy that corporate giants need bailouts as bad as family-owned restaurants?