May 15, 2023
Kerry Lutz and Nick Santiago discussed the choppy markets and the banking crisis, noting that the central banks are likely to introduce a digital currency in the near future. They also discussed the recent dip in gold and silver prices, and the possibility of a nominal high for Bitcoin before it begins to decline. Finally, they discussed the possibility of the central banks offering incentives such as toasters and TVs to encourage people to open accounts with the new digital currency.
They also discussed the commodity super cycle, the Federal Reserve, and the potential for AI to take over jobs. They stressed the importance of owning precious metals as a way to prepare for potential chaos due to high unemployment. They concluded by discussing the potential of AI and the need to think outside the box.