Palisades Gold Radio

Palisades Gold Radio


Kenneth Ameduri: Gold & Gold Miners Provide A Truly Asymmetric Opportunity Now!

May 09, 2020

Tom welcomes a new guest Kenneth Ameduri to the show. Kenneth is co-founder of Future Money Trends Letter, FMT Advisory, and Crush The Street.

Kenneth says, "We're now in a bust cycle that is being papered over, and much of the bust is hidden. All of the true pain is just delayed." The Fed continues to inject trillions, and the national debt is nearly 25 trillion.

Ultimately, this is a dollar failure, and stocks will act to a certain degree as a safe-haven. Current dollar strength is due to the entire world experiencing failures. Cash is great for liquidity, and gold will be a hedge against devaluing currencies. Things can and have changed very quickly, and investors need to be resilient and to place value in wealth preservation.

We will see a massive infrastructure plan to get the country rebuilt financed by debt. When and what the next crisis will look like is anyone's guess.

Time Stamp References: 0:40 - Kenneth's background. 2:50 - Pain on the horizon. 7:30 - Safe-haven assets. 11:45 - Why is silver lagging? 14:10 - His investment focus. 15:15 - What to look for in mining stocks. 16:25 - Outlook for oil. 19:30 - Thoughts on bitcoin/ethereum.

Talking Points From This Episode • This bust cycle and dollar failure. • Positioning for the inevitable. • What to look for in miners. • Arguments for Bitcoin.

Kenneth Ameduri is a business-minded individual who has learned to be successful from an early age. This entrepreneurial spirit steered him towards a business-driven path that inevitably led him to business school. He studied at California Polytechnic University Pomona, where he obtained his business degree with a concentration in accounting. Before this, he has been a student of economics and finance since his days as a teenager.

Kenneth has taken the knowledge he has compiled in the business world and is now pouring it into Future Money Trends for the benefit of their members.

Kenneth is the co-founder of the Future Money Trends Letter, FMT Advisory, and Crush The Street.

Twitter: @crushthestreetWebSite: https://www.crushthestreet.com/YouTube: https://www.youtube.com/user/CrushTheStreet