Larry Lepard: Gold's Worst Week Since 2011 | I'm Buying.
Larry Lepard of Equity Management Associates sat down with Trey Reik last Thursday, during gold's worst week since 2011, with his own fund down 7% that day. His response: he was buying SILJ that morning and picking up gold coins over the weekend. With the war already adding hundreds of billions to an already unsustainable deficit, Larry argues the sell-off changes nothing about the long-term picture: the Fed balance sheet has fallen behind the exponential growth of debt, yield curve control is coming, and gold is headed to $10,000 or way higher. He sees the correction as a rare entry point for investors who missed last year's run, and with gold and silver miners rebounding today on Iran peace talks, his timing may already be starting to prove out.
💡FREE access to the full Larry Lepard interview with Trey + more EXCLUSIVE real-assets content by joining Wealthion's Real Assets Community: https://wealthion.com/getready
💡With gold down 20% from its highs and Larry calling this a once-in-a-decade entry point, it's worth checking your allocation. Get a free portfolio review with Wealthion's endorsed financial advisors at https://bit.ly/4rQxW22
💡Larry Lepard sees gold headed to $10,000+ and silver to $250. GBI Direct, The Best Way to Invest in Physical Gold and Silver: https://gbidirect.com/?aff=WTH
💡Attend Rick Rules' Natural Resource Symposium in Boca Raton this July, click here for in-person and virtual tickets: https://cvent.me/XOqdLa?via=Wealthion