“They’re not calling it QE, but that’s exactly what it is,” says Michael Gentile, founder partner at Bastion Asset Management. He tells Daniela Cambone that the Fed’s quiet purchase of $43 billion in U.S. bonds signals “how precarious the situation” has become—with rising deficits, fewer natural buyers of U.S. debt, and the Fed increasingly forced to intervene. As a result, central banks around the world are rotating out of the U.S. dollar and into physical gold, driving a multi-decade structural shift in global reserve strategy. “We’re seeing a multi-year, multi-decade rotation out of U.S. dollar assets into gold,” he states.
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📖 CHAPTERS:
Chapters:
00:00 – Is the financial system at a breaking point?
03:15 – Fed quietly buys $43.6 billion in bonds
05:38 – Fed restarts the printing press
07:19 – Financial reset looms
09:10 – Soaring goods prices in Canada
10:12 – How much will gold prices surge?
13:01 – Central banks’ master plan with gold
15:16 – Have retail investors entered gold market?
17:32 – Michael’s thoughts on gold miners
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For more than 28 years, Phoenix-based ITM Trading has been a nationally recognized organization for trusted, data-backed research and investor education in the precious metals industry. They strategically assist clients nationwide, specializing in the different functions that physical gold and silver products provide in a diverse portfolio. ITM Trading’s mission is to give investors the knowledge, analysis, and lifetime strategies they require to confidently navigate the intricate monetary policies that restrict economic freedoms. They help build each client a custom portfolio designed to protect and grow their wealth and assets during economic downturns, hyperinflation, and currency resets.
Disclaimer: The information provided in this video is for educational purposes only and should not be construed as financial advice. Gold and silver prices are influenced by many factors and may fluctuate. All assets carry some risk and past performance does not guarantee future results. The views expressed by our hosts or guests do not always reflect the views of ITM Trading nor guarantee a specific outcome. Always conduct your own research and consult a financial advisor before making any investment decisions.
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39 Comments
If no one wants to buy US debt, the Fed has to step in. That's QE or devaluation. The alternative is a big rise in interest rates. That'd have even worse consequences. Either way it could spiral, so keeping it quiet delays discovery presumably in the hope another solution can be found. Unless US can increase trade and cut debt, there'll be less demand for US$ and more Fed intervention.
Secretly printed money to buy boind???….sounds so third world country style (banana republic 😂😂)….it will cause inflation….just too much of unwanted stuff around 😂😂😂
Brush yo hair lady
Print dollars to buy tungsten?
The 🇺🇸 usa government is your
Worst Enemy because it makes you poor
how much US Feds can buy US Govt. debt without lost to them ??
A summary of the current issues around gold, but a good teaser
Bravo Bravo.
Gold is a Double Edge Sword in buying it Stops Inflation eating away at their Capital and the Upside is the Gold Price Going Up.
We are being lied to still. The Big Beautiful Bill will add much more than what our government is saying. The damn Golden Shield alone will add more debt than conceivable. We bought Israel's dome but it was much smaller.
The US & Wall Street pick an ordinary country like China about 40 years back, invested there in a major way and made it the power that Communist China is , while making China the factory of the whole world & the US. Now they have created a monstrous economic power that they are totally dependent on them. What a ridiculous traitorous achievement
The fed is screwing with the 10 year yield!
Fantastici
Wojak ❤
The UK is crazy for prices these days.
Still waiting for silver to catch up.
Most silver trading is just paper silver.
How about… having billionaires pay an equal share of taxes? Eg. what a teacher pays?
Poor MAGA voter: that’s socialism!
So why would an item made in China cost three times more in Canada compared to the US? It has little to do with our flat GDP or the US/CDA exchange rate. It has everything to do with retailer price gouging and stupid consumers.
Big thanks
Liberals have destroyed Canada… thank the satanic WEF
Good, but again, I have one friend who never gives money, nor is he happy when others are earning, he is too much ( falsely and artificially) afraid of reducing interest rates, he will not listen to president of United States, he is not will to admit anything about inflation going down, do you know person like this ?? Think deeply, you know someone similar personality.
It's not QE ! It's monetization of the debt which is a technical default !!!!
Just curious why you didn't show Michael's name in the thumbnail or at least the title…
At about 7:00. The economy being ok. It is ok for those who are doing well in it. The incomes of many are half of what they used to be. The manufacturers shut down and there went the middle class. We are gearing up for up for more public housing and we keep getting more tent villages. We are in a depression. We don’t know this because nobody alive today has an adult view of the 1920’s and 1930’s as those who did are gone. Take a look at the big picture. Far less people are make a good living than there was over 35 years ago. I’ve been in business for 40 years. Schools are closing. Less children growing up to replace those retiring. An emergency has to be officially declared.
FED has authority to Print money. I am sure FED has reasons for that. But this process is nothing but generating a fake wealth. The USA $ is unhinged i.e. not backed by anything. The $1 US is equivalent to what?
The Ponzi scheme is over, now it's a shell game. Federal reserve buys from Treasury .
THE GOVERNMENTS OF THIS WORLD REALLY DON'T HAVE A CLUE OF WHAT TO DO AND THEY WON'T LISTEN TO ANY ADVICE FROM ECONOMIST,NOTHING GETS BETTER JUST KEEP DEBT HIGHER AND HIGHER, IT WILL END GAME IS HERE VERY BADLY
If Tariffs are so bad… Why do other countries charge US Tariffs?
This guy pushes tiny early stage mining shares (like almost all under $100M market cap). These are NOT APPROPRIATE for most investors. He’s lost people money on mining shares despite the raging gold bull market. I would not take his advice.
I cannot buy physical gold. Are gold ETFs a good alternative?
#BlackSwan it’s worse than any economic crisis…. July 5th 2025 is when the last vision is to happen… the comic book publishing happened in 1999. All but the 15 one had happened as predicted
The Great Disaster of 2025
No Chance of Default, US Can Print Money: Greenspan
Aug 7, 2011 — Former Federal Reserve Chairman Alan Greenspan on Sunday ruled out the chance of a US default following S&P's decision to downgrade …
Daniela, thank you for welcoming The Man, The Myth, The Legend Michael Gentile. 😀
Great conversation. Keep them coming… Some are beginning to wake up.
top guest!!
08.26 or you can actualy do the right thing and stop living far abover ur means…cuz the eu is done subsidising the purchase power of the failed staes of the america,a nation undergo became united debitors of the americas usa is late cyle roman empire
I listened to thus guy hoping to get an answer one burning question
Who the heck characterized the Fed buying debt as QE? That type of action is exactly the opposite of QE, it's QT. QE is when the Fed floods the money supply with more currency to stimulate business activity and that is not what the Fed is doing.
Unfortunately I didn't get an answer here, only another pretend economist throwing around terminology that is opposite its true meaning.
And BTW
His take on debt is wrong, too. Recent global decrease in demand for Treasuries wasn't because of some magical and sudden realization that changed their opinion of US debt generally, it was because Trump has been destroying the US economy in ways noone imagined was possible. Global financiers are in universal agreement Trump is killing the American economy which in turn shakes their faith that the US will reliably pay its future debt obligations and on time.
Excellent interview. I always enjoy listening to Michael’s thoughts.
🇺🇸 hegemony, unilateral 20K + illegal sanctions, weaponized dollar, freezing assets, financial blackmailing, bullying, tarriffs, threats causing the De-dollarization
"Inflation is transitory " – Jerome Powell! Lol! What an ignorant