In this debt-dominated system, policymakers face the necessity to continually expand liquidity to prevent crises that could arise from collateral shortages and rollover risks. This constant expansion of liquidity in the broader financial system, aimed at preventing instability, makes assets that can hedge against currency debasement, such as... See more

Is a U.S. Recession Still in the Cards? Jared Dillian, author of The Daily Dirtnap newsletter, joined Ash Bennington to discuss why he’s long on gold and foreign equities, and shares some diversification strategies for investors to consider ahead of what he believes is an “inevitable U.S. recession.” All members can watch or get the full AI notes... See more