https://incrementum.us11.list-manage.com/track/click?u=b268a38a16...

https://incrementum.us11.list-manage.com/track/click?u=b268a38a165b03979d95268dd&id=98e6276ae2&e=2ab41d6168

excellent interview here particularly from rickards.

im not historically a fan - he's too attached to big non tactical gold targets that convinced a lot of non sophisticated investors to lose a lot of money getting long at the wrong times

but he argues the point for PMs - as I do - from a largely secular non-gold/silver cultist view - from a holistic economic/ monetary history/cycle and mgt perspective. He's seeing gold as the passive measure of in particular USD - and setting that against the gdp/debt and non inflationary envirnment - and looking at it is the most probable trigger mechnism for breaking the 30+ global deflationary trend cycle

the interview didnt really get to their endpoint - the Incrementum guys were pretty underwhelming given their reputation - too obviously backing a specific thesis thats relying on a cyclical inflation cycle triggering the next big wave in PMs

but the real question is at what point does the USD take enough of a hit that USD gold breaks through and holds its 2011 high horizontal

quite possible its the next big stim package