Fatal Conceits Podcast

Tuesday, February 18th, 2025

Laramie, Wyoming

Earlier today I hosted a live call with Matt Smith from Doug Casey’s Crisis Investing.

During the chat, the gold price made an intra-day high of over $2,950/oz. Later in the chat, Matt made the case for why gold could go as high as $21k/oz.

Why?

How?

When?

What should you do next?

All good questions!

You can click on the video above to watch (I’m having a transcript made as well, but wanted to send you this as soon as possible).

Here’s a breakdown of the key topics we covered, with timestamps so you can jump to what matters most to you.

Timestamps & Major Topics

[00:00:00] Kicking things off – Matt and I set the stage for the conversation.

[00:01:00] A little about Matt – If you don’t know his background, here’s a quick rundown: entrepreneur-turned-regenerative cattle farmer in Uruguay, working with Doug Casey, and a big believer in getting geographically unlinked from centralized systems.

[00:02:00] What is regenerative farming? – How Matt runs 250 head of cattle with zero external inputs, and why this model matters in today’s world.

[00:04:00] The Mar-a-Lago Accords – Trump’s team has a real plan to reset the monetary system. It’s not just talk. We break down what’s coming and what it means for you.

[00:07:00] Why they want to devalue the dollar – Trump’s people think the dollar is way too strong, making U.S. exports uncompetitive. Their solution? Drive it lower. Here’s how they’re doing it.

[00:11:00] Will this actually work? – Whether they pull it off or not, the fact that they’re even trying is a game-changer.

[00:13:00] Gold’s role in the reset – Trump’s team isn’t stupid. They know gold is key to restoring faith in the financial system. We go deep into how they might use it.

[00:16:00] What’s really in Fort Knox? – Elon Musk and Rand Paul want an audit of U.S. gold reserves. If it turns out the gold isn’t there (or if there’s way more than expected), what happens next?

[00:18:00] Gold’s breakout – Is this rally the start of something huge, or just another head fake? Spoiler: this one looks real.

[00:21:00] Infrastructure & energy – Trump wants to rip out the regulatory roadblocks and supercharge energy and AI. This could be the biggest infrastructure buildout since the 1950s.

[00:26:00] Mining stocks – They’ve been dirt cheap and ignored for years. That’s starting to change. Here’s why it’s a massive opportunity.

[00:28:00] The final gold bull market? – Doug Casey has called this the last great gold boom before gold gets re-monetized. If he’s right, this is your last chance to play it.

[00:33:00] The risks no one talks about – Even if Trump’s team pulls this off, does it just lead to an even bigger, more centralized government? We dig into it.

[00:38:00] Redeemability – Will this new system actually let people redeem dollars for gold, or is it just another illusion?

[00:41:00] The China model? – Trump’s approach has a lot in common with China’s industrial strategy. Is that where we’re heading?

[00:45:00] Wrapping up – Everything’s about to change. Are you ready for it?

Bottom Line

Gold’s on the move. There are reasons why. But there are a lot of dots to connect. And the picture they make isn’t entirely clear. This call with Matt helped us understand some of what’s happening, what to expect next, and most importantly, what you should do with your money now.

Enjoy!

Dan

PS Matt and Doug Casey collaborate on Crisis Investing. As a courtesy to Bonner Private Research subscribers—and because Bill and Doug go way back as friends—they’ve set up a special offer for BPR readers who want to subscribe. You can do so here. And if you enjoyed the video, let me know. We’ll do more in the future.