Oct 27, 2022

E.B Tucker on economic stimulus vs. gold

I want to give people something they can disrupt every dinner party they go to this weekend.  There's twelve trillion dollars worth of gold in the entire world, according to Pierre Lassonde's World Gold Council.  That's all the gold ever mined in history.  The U.S. spent over six trillion dollars this year and all we heard about was "We need more.  We're going to starve without the stimulus.  We need more."  And what did we spend all that money on?  Dental shields, plastic coverings, airline bailouts, checks to people so that they could put the money into Robinhood accounts.  Ok, that money's all gone.  Forget about it.  It's not coming back.

~ E.B. Tucker, interview with Daniela Cambone, Stansberry Research, 2:25 mark, November 5, 2020



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