Sam Taube
speaker
407 appearances
4 recordings
1 series
first heard Jan 2026
last heard 2d ago
Sam Taube’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 4 in all, peaking in Sep 2026 with 2.
Appearances
We just talked about how declines in the value of the dollar can push up gold, and there are quite a few uncertainties right now about what's going to happen next to the value of the dollar.
One of those is a story that involves the Japanese yen, and I have to warn you guys, this is really complicated, and I'm kind of hanging on for dear life trying to understand the story myself, so bear with me here.
Japan's currency, which is the yen, has been really, really weak in the last few years.
It's been really, really low in value, and that's starting to become a real problem for Japan's economy.
It's causing a lot of painful inflation over there, and it's making the Japanese people, frankly, poorer in purchasing power terms.
Now, Japan is a US ally, and it's also one of the world's largest economies.
It's the second biggest in Asia after China, and it's pretty important to the global economy as a whole.
So this is something that we've decided is kind of our problem too.
And there have been whispers that there might be some kind of coordinated US intervention to support the price of the yen in recent days.
This would basically be a thing where we buy and hold yen, which could actually kind of devalue the dollar against the yen to an extent.
So that could push the dollar down and gold up even more.
It's dramatic stuff.
The other potentially bad thing for the dollar is that there's a possibility of another government shutdown coming up.
I think it's like the deadline is this weekend, if I'm not mistaken.
Great.
Lovely.
And when we can't get it together to fund the government like this, international investors lose confidence in our economy.
And they tend to sell dollar-denominated assets, which depresses the dollar.
And they also tend to buy alternative investments like gold.
So that's another evolving story where gold might gain from our misfortune.
Showing 301–320 of 407 · page 16 of 21
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