Failed Banks, Monetary Mistakes and What It Means For Gold
Peak Prosperity
Chris Martenson
4.7 • 591 Ratings
🗓️ 13 March 2023
⏱️ 72 minutes
🧾️ Download transcript
Summary
I twisted the arm of Stephen Flood, the CEO of GoldCore, to discuss the failed banks, monetary mistakes, and gold.
So we pulled together this Livecast that streamed out on Youtube at 1:45 pm on March 13th, 2023.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, hello everyone. Welcome to this livecast. So glad that all of you could show up here. Hi, |
| 0:08.4 | Scurvy Sam, Dana Fox, Lynn, see all you people here in the chat. When I look down, I'm checking the chat out here. |
| 0:15.2 | And we just have to talk about what's going on in these markets. And, you know, we had to rescue and this is going on and gold's going up and markets are gyrating all over the place. |
| 0:26.4 | So I just thought we'd have a live cast around this. |
| 0:28.9 | Remember, if you want to leave comments and chats, I will see them because I'm squinting at the chat. |
| 0:35.6 | So if you have a question question we can maybe get to |
| 0:38.1 | them so we'll try if we can I got a few slides here to talk to you know me and as well |
| 0:42.7 | but first I have to introduce my friend Stephen Flood Stephen of Goldcore hey thanks so |
| 0:48.9 | much for being here with us I know I'm asking you to be late for dinner and and really |
| 0:53.0 | appreciate you being here, huh? |
| 0:55.5 | Yeah, you promised earlier that you would send my wife takeout dinner as thanks for having me home late. |
| 1:03.6 | I believe I promised a subway sandwich and I couldn't find one close enough to your house, but... |
| 1:09.3 | I'm upgrading you because that was far too cheap don't worry |
| 1:14.8 | don't worry we'll take care so Stephen for people who don't know you here before we get |
| 1:20.5 | started your background I know you've got a lot of background in finance so take us |
| 1:25.8 | through it real quick. |
| 1:33.3 | So yeah, I'm the CEO of Goldcore and we're 20 years old this year. Prior to that, I worked in Wall Street for Bankers Trust and also then Goldman Sachs. And when I was in Goldman Sachs, |
| 1:40.7 | I was part of a team in the equity derivatives division and we |
| 1:44.8 | specialised in program trading, which is kind of large basket trading of stocks internationally |
| 1:50.5 | and also domestic US. |
| 1:52.3 | Our clients would have been the large pension funds primarily in the States and in Europe |
| 1:57.0 | as well. |
... |
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