Larry Lepard: The Fiat System Is Failing - Gold Exploding Is the Alarm Bell | Part I and Part 2
Larry Lepard: The Fiat System Is Failing - Gold Exploding Is the Alarm Bell | Part I
Wealthion: 4-7-2025
Legendary gold investor Larry Lepard joins Trey Reik for Part I of a powerful two-part conversation on why gold is pressing to all-time highs, and what it signals about a potential collapse of our global fiat-based financial system.
Larry breaks down the key themes of his new book The Big Print, explaining why the sovereign debt crisis is already here, why trust in fiat money is evaporating, and how sound money like gold, silver, and Bitcoin will be essential to surviving what’s coming.
In this episode:
Why gold’s breakout is the ultimate warning signal
How the Federal Reserve system is at a breaking point
Gold vs. Bitcoin: competition or complement?
Why gold equities are misunderstood — and undervalued
The smart way to position yourself now
Don’t miss part II, coming out tomorrow!
Chapters:
1:11 - How Larry’s Book Is Waking People Up
2:17 - The Big Print: Why Your Money Is Losing Value, and Fast
5:13 - Bitcoin vs. Gold: Frenemies in the Fight Against Fiat?
7:34 - Gold Is Exploding: Here’s What the Media Won’t Say
9:45 - The 3 Warning Signs You Can’t Ignore
12:29 - Quiet Gold Rush: The Wealthy Are Moving Fast
14:59 - Basel III: The Trigger No One’s Talking About
18:49 - Think You Missed Gold? Think Again
21:48 - $10,000 Gold? The Math That Might Surprise You
25:57 - When to Sell Gold: The Signal to Watch For
27:38 - Gold Stocks: Why They’re Worth the Trouble
33:31 - Gold Miners Burned You Before? This Time Is Different
36:46 - Gold Investing Mistake #1: Going All In on One Stock
Larry Lepard: Gold Stocks Are Set to Explode | The Big Print & Asymmetric Bets | Part II
4-8-2025
In Part II of our in-depth interview with renowned investor Lawrence Lepard, Trey Reik continues the conversation to explore why Larry believes gold stocks are poised for explosive upside, and why a looming sovereign debt crisis will force central banks back into money printing, an event he calls “The Big Print.” In this episode:
The mining companies Larry believes could deliver asymmetric returns
How he structures his portfolio across producers, developers, and drillers
The valuation disconnect between gold prices and mining equities, and the key metrics he uses for valuing them
Why silver miners may offer even more leverage and upside than gold miners
Larry’s take on geopolitical risk, and why he sees overlooked opportunity in regions like Africa
Whether rising tariffs could trigger the next global market event
Later, Brett Rentmeester of Windrock Wealth joins the conversation to reflect on Larry’s interview, offering a portfolio manager’s view on the role of physical gold, silver, and Bitcoin in protecting capital in today’s fragile macro environment. Brett also discusses why gold miners have lagged the metal itself, and whether that disconnect is about to change.
Chapters:
0:24 - Why Betting on One Gold Stock Could Break Your Portfolio
2:48 - The #1 Metric Every Gold Stock Investor Should Know
4:27 - The Goldilocks Zone: Where Miners Really Shine
6:26 - Silver’s Secret Weapon and Platinum’s Potential
8:33 - Copper, Platinum & Staying in Your Lane
10:06 - Treasure Hunt: Investing Across the Global Map
13:07 - Are Gold Stocks Trying to Tell Us Something?
16:47 - Larry’s Ultimate Gold Stock Shopping List
21:22 - Brett Rentmeester’s Take on Gold, Bitcoin & Systemic Risk
23:07 - Is Gold’s Rally the Start of a Currency Crisis?
26:04 - Bitcoin vs. Gold: Who Wins the Safe Haven Battle?
27:51 - Why Even Conservative Investors Should Own Bitcoin
30:27 - Thoughts on Gold Mining Stocks
34:13 - Are Tariffs the Ticking Time Bomb for Global Markets?
