Anthony Pompliano
๐ค SpeakerAppearances Over Time
Podcast Appearances
That's fair enough.
That's fair enough.
All right.
Last thing I've got for you is if we get this like deflationary pressures and there is headwind for asset prices, what should people be thinking about?
Should they be trying to put more assets in?
Should they be trying to borrow more?
Like how do you see people kind of playing with these portfolios and these wrappers that they have if there is some sort of headwind for asset prices?
Yeah, I think...
There are pressure release valves.
And whenever there's pressure building up in the system, you will see that escape into assets.
And that's why gold, I think, ran so much, right?
As people basically were like, wait a second, if gold is a pressure release valve for central banks in particular, and there's a bunch of pressure that is building up in terms of their relationship with fiat currency,
then the pressure is released.
It goes into that store of value.
That's why they started all buying gold.
That gold then goes up in price because it's a relatively scarce asset.
And so same thing happens in other people's portfolio.
What I do find interesting is the tokenization of gold.
Yep.
Yeah.