Philip Patrick
👤 SpeakerAppearances Over Time
Podcast Appearances
quantitative easing.
You know, it's so clear I was wrong.
Look at what central banks are turning to now.
They are turning to gold, which is an age old hedge on currency.
It's where we're reverting to.
So, yes, I was one of those people as well.
And I was wrong.
And I am seeing it over and over again every day now with all time highs.
And I don't think it's going to stop anytime soon.
I want some time to put some notes together for sure.
Look, it ties in to what we said.
I think we need to handle this situation with care.
I am no fan of president Lula.
Absolutely not.
But you heard Lula came out with fighting words.
I think there's an opportunity here for president Trump to build some bridges, to use carrots over sticks and to try and pull Brazil towards us and away from China.
Look, the one thing I heard when I was out in Brazil,
Hey, the Chinese are here.
The New Development Bank are here.
They're offering us no strings attached.