2.8 • 690 Ratings
🗓️ 27 October 2020
⏱️ 33 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | I am here with Dr. Kirk Elliott. |
0:02.9 | Welcome to the show. |
0:04.1 | Hey, thanks, Sean. |
0:04.9 | It's great to be with you. |
0:06.7 | Yes. |
0:07.5 | A lot of people were complimenting me on the last interview. |
0:10.7 | And today I wanted to dig in a little bit deeper on the specifics about the Trump administration and the future of its monetary policy, especially as it relates to gold. |
0:21.7 | So let's start there. |
0:24.7 | All right. |
0:25.2 | So, all right. |
0:27.0 | So we have to take a step back because this monetary policy really has nothing to do with gold. |
0:33.6 | However, the monetary policy will affect gold in a huge way, right? So, so what is his |
0:41.3 | policy? Well, if you look back the last three presidents prior to Trump, so you go back to Bush, |
0:51.3 | Clinton, Obama, you know, almost 25 years worth of presidents, what kind of monetary |
0:59.4 | policy did they have? Well, it was classified generally as just a very, very strong dollar. |
1:07.5 | So the strength of the dollar has nothing to do, or the weakness of the dollar has nothing to do or the weakness of the dollar has |
1:11.8 | nothing to do with the relative strength or weakness of America. It's a monetary policy. |
1:18.2 | So what then does a strong dollar do? Well, for for you and all of your viewers out there, |
1:26.4 | when we travel overseas and you're from America, you want a strong |
1:31.3 | dollar because it makes your vacation cheaper if you're going to Italy or Greece or, you know, |
1:36.7 | wherever. It's like because when you have a strong dollar, it takes fewer of those currency units |
1:43.4 | to purchase whatever you're buying overseas. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Sean Morgan, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Sean Morgan and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.