"The Markets Are In Denial" But Not For Long | Lepard & Valek
Mentor Sessions EP 109: Lawrence Lepard & Mark Valek on the Sovereign Debt Crisis, the Fed Trap, Gold, Silver & Bitcoin
America's debt just blew past $40 trillion, interest now costs more than the entire military budget, and yet gold and Bitcoin are both down on the year. Larry Lepard of Equity Management Associates and Mark Valek of Incrementum explain why the debasement trade stalled and what sets it off again.
In this conversation you'll learn why Valek sees a melting system against Lawrence Lepard's Big Print, why higher short-term rates trap the Fed under fiscal dominance, and which…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.