Economist’s “News and Views” 4-29-2025
A New Gold Standard: Evidence & Path to $10,000 Gold Intensifies | Mike Maloney
4-29-2025
A seismic shift in the global economy is underway. In this eye-opening video, Mike Maloney reveals new evidence pointing to an imminent return to a gold-backed monetary system.
From Donald Trump's gold-centric strategies to behind-the-scenes maneuvers by the U.S. Treasury and global elites, this is the clearest sign yet of a massive financial reordering.
Learn why global gold flows are surging, how COMEX is preparing for a potential crisis, and what history teaches us about the coming monetary reset.
Will you be positioned for the greatest wealth transfer of our lifetime?
Gold Is Replacing The US Dollar | Michael Pento
Liberty and Finance: 4-28-2025
Michael Pento argues that the stock market remains overvalued despite clear signs of economic distress.
He warns that inflation and supply shortages pose serious threats, while the real estate market is weakening under the pressure of rising mortgage rates and growing inventory.
Pento emphasizes that both retail and institutional investors often react emotionally and irrationally, especially during downturns.
Notably, he states that gold is beginning to supplant the U.S. dollar as the world reserve currency, reflecting a loss of confidence in American monetary policy.
Given the Federal Reserve’s limited ability to stabilize the economy, Pento advocates for proactive and strategic investing in a market that may not follow historical recovery patterns.
INTERVIEW TIMELINE:
0:00 Intro
1:25 Stock market
6:00 Real estate market
15:30 Treasury bond demand
19:00 Recession
23:00 Tariffs
This Signal 'Front-Running' Global Depression: Repeat of 1929? | Mike McGlone
David Lin: 4-29-2025
Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, examines the indicators suggesting an impending global recession, arguing that gold outperformance versus silver signals economic contraction while predicting continued stock market weakness and potential deflation despite short-term inflationary pressures from tariffs.
0:00 – Intro.
1:02 – Inflation expectations
3:05 – Tariff impact
8:21 – Market indicators
12:34 – Phillips Curve breakdown
14:11 – Gold/silver cross
18:26 – Metals forecast
20:51 – Front-running recession
24:34 – Gold/Bitcoin
28:20 – Bullish assets
30:22 – Bitcoin
34:10 – DXY and Oil