Are Cryptos impacting Precious Metals demand?

in #bitcoin7 years ago

This video is a few weeks old but still relevant. Jason Burack of Wall St for Main St interviewed returning guest, Louis Cammarosano of Smaulgld https://smaulgld.com/. Louis is a former Silicon Valley executive, a former Wall St lawyer and he's a follower of the Austrian School of Economics.

Louis' Smaulgld YouTube channel now has over 2k subscribers.

Louis tries to provide more balanced coverage of gold and silver markets compared to many other places in the alternative media.

To open the interview, Jason asks Louis about the Bitcoin soft fork that occurred on Tuesday, August 1st 2017. https://www.coindesk.com/bitcoin-cash...

Jason also asks Louis about the SEC's recent statement about the DAO and whether it's a security and whether the SEC plans to go after fraud in the ICO market?

Next, Jason asks Louis why he thinks foreign governments like Russia, China and Saudi Arabia are buying US Treasuries again in 2017 after being heavy net sellers of them for years?

How have central banks like the Federal Reserve, ECB, Bank of Japan, etc been able to maintain the status quo? Are they coordinating their interventionist policies?

Jason and Louis also discuss the 10% move down in the US Dollar Index since January 2017.

To wrap up the interview, Jason and Louis discuss the precious metals markets.

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Reposted from WallStforMainSt YouTube channel

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