Jaime Carrasco: Monetary Insurance Premiums are Exploding as Risk Grows

The Competent Investor · Dec 23, 2025 · 1h 1m

Tom welcomes back Jaime Carrasco, senior portfolio manager and senior investment advisor at Harbourfront Wealth Management, to discuss the significant themes and market dynamics of 2025. Carrasco highlights the remarkable performance of gold and silver, which is currently hitting all-time highs. He attributes this to the end of the petrodollar system and a massive power shift from credit to hard assets, with gold leading this transition. Carrasco emphasizes that the easy money made in the past three years of building positions is over, and the focus should now be on the next leg up for…