TIP183: The Dollar Decline, China, Gold & Crypto Currencies w/ Luke Gromen (Investing Podcast)

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 25 March 2018

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

On today's show, we talk to the astute Luke Gromen about the current dollar decline. Luke provides numerous details why the dollar is currently devaluing despite the FED tightening the money supply. Additionally, Luke talks about the interesting relationship with China and how they are acquiring large amounts of gold and oil to reduce their dependence on the US dollar. In general, this interview provides incredible insights into understanding currency & commodity movements and where the world is moving in the coming decade.

Click here to view the full show notes

In this episode you will learn:

Why China keeps acquiring more gold
How the US has created a dominant global currency that's on the brink of decline
How ratios like the oil to gold price are used to understand larger macro concepts
The role of cryptocurrencies in a de-pegged world

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Transcript

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0:00.0	You're listening to TIP.
0:02.0	Hey, so how's everyone doing out there?
0:04.4	I am super pumped about today's episode because our guest Luke Roman really gave us a fantastic
0:10.8	interview.
0:11.8	When Stig and I were done recording this show, we both looked at each other and we're
0:15.9	like, wow, that guy is really smart.
0:19.4	And I think you're going to see exactly what I'm talking about here in just a couple of
0:22.6	minutes.
0:23.6	During our discussion, we talked to Luke about the current situation with the US dollar
0:27.8	and why it might be in a long term downtrend that had just started this past summer.
0:33.5	Additionally, Luke provides substantial thoughts on China.
0:36.6	It's role in the global economy.
0:38.2	He talks about gold, crypto, the US equity market and much, much more.
0:43.5	So without further delay, we bring you Luke Roman from the macro-thematic research firm
0:48.6	Forrest for the Trees.
0:53.7	You are listening to the Investors podcast.
0:56.6	We study the financial markets and read the books that influence self-made billionaires
1:01.0	the most.
1:02.0	We keep you informed and prepared for the unexpected.
1:07.8	All right, so welcome to the show.
1:16.2	We have a guest here, Luke Roman.
1:18.2	As you guys heard in the introduction, Luke, we are pumped to have you on the show.
	...

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