The Tariffs Are Juicing Recession Concerns
Peak Prosperity
Chris Martenson
4.7 • 591 Ratings
🗓️ 4 April 2025
⏱️ 77 minutes
🧾️ Download transcript
Summary
Gold’s big moves of late were confirmed as the real thing in the post Trump Tariff tantrum when gold barely budged in price by day’s end while stocks got hammered. That is, in a word, unusual.
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Transcript
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| 0:00.0 | Nothing in this program should be considered investment advice. |
| 0:03.2 | It is for educational purposes only. |
| 0:05.3 | Please hit pause and read this disclaimer in full. |
| 0:10.1 | If there's a bank run, you better be the first to take your money out of the bank, |
| 0:14.1 | because if you're the last, there's nothing left for you. |
| 0:17.4 | The following is the audio version of a video released at peak prosperity.com. |
| 0:23.1 | Visit peakprosperity.com to watch the video and to find other insightful content, such as articles, |
| 0:29.1 | discussion forums, and exclusive subscriber-only content. |
| 0:48.7 | Hello, everyone, and welcome to this edition of Finance University, where we take the market and financial information and make it as digestible as possible. |
| 0:50.6 | Lots going on in the world. |
| 0:52.0 | So welcome to this week. It looks like it's April 2nd at the time of this recording. |
| 0:55.6 | So I hope you had a great April Fool's Day yesterday. We're safely past that today. So no jokes |
| 1:00.5 | today. Paul, good to see you. Good to see you as well, Chris. Yeah. So Paul of Kyker Wealth |
| 1:07.1 | management here to discuss the events with us. Where do we start? Paul, you know me. |
| 1:12.7 | I'm a gold bug, as they say, right? |
| 1:15.6 | That derisive term. |
| 1:16.7 | But I've liked gold for a long time. |
| 1:19.2 | And my first major purchase of gold was in 2001. |
| 1:24.8 | And, you know, we had to go through some volatility and some ups and downs, and this |
| 1:29.5 | is and that. But just yesterday, I calculated what my compounded annual return was, and from |
| 1:36.7 | then to, as of yesterday, and my compounded annual return on that first block I bought was 10.25%, |
| 1:43.6 | handily beating the S&P, including dividend reinvestment. |
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