In Part One of this Twitter Space, we are joined by Tom Luongo and Bob Coleman. Tom discusses the political situation in Ukraine and expresses concerns about the FTX crypto exchange debacle. It appears those in charge want it to just go away. Tom notes the financial system today is all largely built on Ponzi schemes. It’s all a giant con-fidence game. Powell is trying to reduce dollar liquidity to soak up overseas dollar that are returning. Bob discusses the precious metals markets and gives some actionable advice for those looking to avoid overpaying for metals.
Several people asked me to comment on why silver lease rates are so high and