In a landmark election, Donald Trump returns to the White House as the 47th president. Jeremy Szafron, Anchor at Kitco News, sits down with Stephanie Pomboy, founder of MacroMavens, for a powerful analysis of what Trump’s return to the White House means for financial markets and the U.S. economy. In this interview, Pomboy breaks down the immediate effects on Bitcoin’s record surge, a strengthening dollar, and the latest gold price moves. Pomboy explores Trump’s bold proposal for a “strategic Bitcoin reserve” and his plans to reassert the dollar’s dominance globally as de-dollarization trends continue to rise. Plus, she dives into the looming U.S. debt crisis and the economic challenges Trump will face as he aims to deliver on campaign promises. With insights into the Federal Reserve’s potential shift toward more QE, Pomboy offers a sharp look at what’s ahead for the economy under Trump’s leadership.
🔥 Don’t miss Pomboy’s long-term forecast for the markets and her critical take on America’s financial future.
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00:00 Introduction
02:01 Election Results
05:36 Gold Market Analysis
08:16 US Dollar
10:41 Future of Gold and Debt Doom Loom
17:49 Bitcoin Spike
23:45 Hard Assets
31:17 Federal Reserve and New Economic Reality
33:36 Macro Data, Recession and What’s Next
37:55 Final Thoughts
#TrumpElection2024 #BitcoinSurge #GoldPriceUpdate #MarketReaction #USDebtCrisis #FinancialNews #KitcoNews #StockMarketUpdate #CryptoNews #GoldVsCrypto #USMarketOutlook #TrumpPolicies #GlobalEconomy #InterestRates #InflationOutlook #InvestingStrategies #EconomicForecast #BRICSvsUSD #StephaniePomboy #MacroTrends
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I really like pomboy but if she doesn't have anything actually worth half an hour then come on .
⚠ Elon needs to CUT all the EV tax credits, EV subsidies given to TESLA…that will save the deficits by trillions. Cut the military spending on SpaceX and Starlink…also saving MORE TRILLIONS on the deficits.⚠
Steph doesn't seem to realize that the corporations and "tech bros" are the main beneficiaries of government pork. Oops.
Another comment. How can the masters of the universe inflate away the debt crisis without lowering the fed rate below the rate of inflation?
I recently asked a young Gold hater and asked if they could they give me 1 example of why gold is such a poor investment? They could not give one. There was long pause and then they walked off. Sums it up really.
Musk is a fraud
Excellent
I need a bit of help moving USDT from my OKX wallet to Binance. I have the seed phrase: obscure disagree shoe question clown holiday Tunnel stock inmate found scan pet.
When imposing sanctions on Russia, Baiden said that rubble will become rubble. Ironically, the USD is becoming rubble by the day!
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Trump only ran for President to keep out of jail for his criminal acts. Everything that came out of his mouth during the campaign was bullshit designed to get him enough votes to get over the line. The man doesn't care about anyone but himself, he will never keep any of his absurd promises and will just go back to a vacuous life of ageing, playing golf, reviling in his narcissistic delusions, figuring out how he will punish his political enemies and rorting as much money from his position as president as he can. He is a vile human being that created a permission structure for his supporters to behave in the same vile, violent and racist manner as he and he has corrupted the US constitution creating a structure for an authoritarian state that won't be easy to wind back even after he is long gone. Good luck climbing out of the ugly mess his sycophants and religious zealots will create. Banana republic is the operative word, no wonder the word is rejecting US bonds.
Nice wallpaper Steph. It matches your earrings 🌟✴
The system is failing as a result of both government and federal policy. In the next days, the banking crisis would have to be epic and gigantic for the FED to decide not to raise interest rates. This won't happen; an increase and a crash are coming. There will be more negative portfolios this 2nd half of 2024 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
The U.S. no longer has sufficient power to force other cou tries use dollars when they don't want to. Is Trump going to punish Putin for leading BRICS out of the dollar?
Steph, will the USA or Brics revalue gold?
Stephanie is the best. She is an expert in her expertise. I trust her analysis. She is extremely talented and beautiful lady.
Nations moving away from the 'Dollar' is a large reason why Gold has risen so much. Inflation is the other (but not as big) reason.
BRICs needs something substantial to support that 'new' currency. It isn't going to be oil, industrial capabillity, stability – that leaves precious metals as the prime suspect. #1 & #2 buyers of gold are Russia and China, India being 4th. BRICs is essentially trying to stockpile gold as much as possible in hopes of making this 'currency' attractive to other nations.
USA/west better get wise.
Since there was no follow through on the downward momentum of gold tells me this was a relief shock to allow for the next upleg in price.
aren't money markets shadow banks?
I thought you elected Trump to save America!! 😂Haha
Blah blah
Gold is not the answer for people financial independence!!
The mushrooming deficit 💸
Stephanie is a great guest. She gets to the heart of the issue. The Feds malfeasance tinkering with short-term interest rates is a joke. The average consumer has been crushed by inflation, and QE or some other new term for it is coming, which will only debase the dollar more and push up gold, silver, and some hard assets.
I love intelligent conservative women who get it. Thanks Stephanie, MAGA2024/28/32, etc.
Thanks for the Update!
Juz gooz control and ruin the entire world. Anonymous: The Protocols of the Elderly of Zion
Than why juz gooz destroyed Nakamoto Satoshi???
Great day for who. Kim Jung Un is who just got elected. The crypto con got a huge lift
He said this and that, one is correct.
We the people showed our employees who really owns the country. Bam!
Im glad Trump won but he is just going to blow the bubble bigger and bigger. Hopefully it pops befor he gets in so we can have our reset!!