13 Comments
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Pugpack's avatar

I think it was an excellent interview. While he gave a huge ear to ear smile while saying was considered a gold bug when he ran his business, he could have done a better job at defining in a pithily manner the reasons why gold is such a good store of value. Perhaps he was a little reluctant to tip his hand in any way what role gold will play in the Administrations grand plan.

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Ignatius's avatar

I thought the same thing. I was rather disappointed with his case for why it's important. I'd be curious to know what case he made back in the day when he was considered as such, but I sense, based on this answer alone, his answer then may, like his answer now, disappoint us.

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Chris Wilson's avatar

Not defending him, but he seems very uncomfortable with public speaking and is very nervous. Even before this interview, he often studders and stops himself. He might have an issue with that.

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Brit's avatar
Apr 5Edited

He did a post-tariff event interview on Bloomberg from the Rose Garden and seemed the same. Also he seemed fuzzy on details. Like maybe he had been sidelined while Whitehouse staffers asked ChatGPT to calculate tariff rates based on per country trade deficits and had just generated the list that morning?

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Bill Furrier's avatar

That would be funny were it not so plausible

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Debra Robinson's avatar

He looks so uncomfortable. They have alternative plans which he is not sharing. Any dope knows that Gold was never going to be part of the tariff onslaught

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Buck Rogers's avatar

Dollar bugs in shambles, drink your milkshake Brent

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Jake's Custom Gun Parts's avatar

Don't need to hold USD... Stack Huffy Bikes... With the Banana Seat. 😉.... 😂😂WTF did he say !!

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Ignatius's avatar

His entire interview posted here was quite awkward. His body language regularly betrayed his words, as did his speech patterns, suggesting that he's hiding something (many things). It's interesting. I wish we could actually read people's thoughts instead of listening to what they say for those who obfuscate the former with the latter! :-)

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carlo's avatar

As long as government hates gold, I'm comfortable.

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Bill Furrier's avatar

He had great difficulty simply saying that gold has no counterparty risk, he stuttered and paused frequently indicating to me that he is definitely not forthcoming about what is on his mind

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Brit's avatar

I could almost see his thought process, how to avoid saying anything that would be too complimentary to gold. Very careful parsing. Jerome Powell did something similar last fall. Don't want to give an endorsement to the plebs.

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Big Chuck's avatar

Then start revaluing gold!!! Mark the 81K tonnes to market value from the current ridiculous $42.22 / oz INSANE valuation… DO IT Scotty!!!

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