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Real Vision: Finance & Investing

The Interview - with Kiril Sokoloff and Raoul Pal -Gold, Germs, and Self-Preservation

Real Vision: Finance & Investing

Real Vision

Business News, News, Investing, Business

4.11.1K Ratings

🗓️ 31 May 2020

⏱️ 52 minutes

🧾️ Download transcript

Summary

Kiril Sokoloff, chairman and founder of 13D Global Strategy and Research, joins Raoul Pal, CEO and co-founder of Real Vision, to discuss the ongoing coronavirus pandemic and its long-term consequences on monetary policy, investing, and geopolitics. Pal and Sokoloff analyze how a protracted quarantine might slow economic activity to such a degree that central banks become more active than they ever have before, either by monetizing debt or by purchasing risk assets outright. The pair also explore how the crisis might affect the 2020 election, the practice of stock buybacks, and specific assets like oil, gold, and the Japanese Yen. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

In this interview, Raal speaks to his longtime friend and mentor Kiril Stachilov, chairman and

0:10.0

and founder of 13D global strategy and research.

0:13.0

For years now, Raal and Kirill

0:14.8

have been spotting holes in the financial system.

0:17.1

And now that these holes are finally leaking,

0:18.8

they take a detailed look at whether the dam will break.

0:22.0

They discuss the COVID-19 pandemic

0:23.8

and its potential consequences on monetary policy,

0:26.3

investing, and geopolitics.

0:28.2

It's a fascinating conversation,

0:29.6

and we hope you enjoy. you're in the

0:37.0

in the

0:38.0

kirel fantastic to see you you're in the Bahamas

0:41.2

quarantining yourself and I'm here in Little Cayman. I mean truly extraordinary

0:46.0

times. I mean one thing I've got to give you credit for is you know you and I have spoken over the

0:51.2

years and even in the last time that we spoke you had been warning people about some of the incredible imbalances whether it's liquidity

1:00.4

whether it's the problem with corporate debt and even you know I know even the past you've

1:05.2

warned about pandemics and the seriousness of this so you've been an extraordinary

1:10.3

resource for your clients and for many people who rely on you as the source of truth

1:17.1

and thought.

1:18.1

So, you know, well done so far for calling so much right.

1:21.9

Well, thank you.

...

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