Timothy Sumer

Ray Dalio, co-chief investment officer of Bridgewater Associates, recently wrote that policy makers short on money will likely raise taxes and prevent capital flows into “other assets” like gold and Bitcoin. E.B. Tucker, director of Metalla Royalty and author of “Why Gold, Why Now” said that the government already has the tools to do this. “Everyone gets this idea that the [government] will raid your house and look for your gold. It’s not necessary. All you have to do is limit the ability to transact gold in the legal market, and then you assess an excise tax,” Tucker said. 0:00 - Gold confiscation 11:49 - Capital flows 16:35 - Wealth taxes 21:10 - Beating inflation __________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscr...

Markets seem to still believe the Federal Reserve’s narrative of transitory inflation, but that narrative is not reflective of reality, said Adrian Day, president of Adrian Day Asset Management. “The market simply doesn’t believe the inflation story, and they seem to believe what the Fed is saying about it being transitory. To me, obviously there are reasons to think that some of the recent jumps we’ve had in certain prices are temporary, but if prices in aggregate go up, then that’s a reflection of inflation, and it seems to me we definitely have inflation,” Day told David Lin, anchor for Kitco News. This is his guide to beating inflation. 0:00 - Inflation 6:46 - Gold's performance 9:50 - Fed tapering 12:05 - The best inflation hedges 18:17 - Major risks for investors 21:00 - Hedge against high valuations 24:44 - Top stock picks 26:20 - Cryptocurrencies __________________________________________________________________ Kitco News is the world’s #1 source of meta...