Retire In Texas

Assessing the Gold Surge and the Digital Dollar Debate


Listen Later

Costco sold out of gold quickly after offering it for sale at $1,900, surprising many with the demand for this traditionally valuable asset.

In this week's episode of Retire in Texas, Darryl Lyons delves into the unexpected surge of interest in gold sparked by Costco's foray into selling the precious metal, while also exploring the contentious debate surrounding the potential introduction of a government-backed digital dollar.

Show highlights include:

*A breakdown of gold's recent surge in value and why it is attributed to inflation hedging and fear in the market, with concerns about potential shifts in the US economic and political systems.

* Why advocates for the digital dollar argue it would reduce fees, facilitate faster disaster relief, eliminate the need for physical cash, provide access to currency for the unbanked, and align with global trends.

*The doubts that many have about the government passing fee savings to consumers, concerns over quick fund access leading to quick withdrawals, and skepticism towards the necessity of eliminating cash entirely,

*Concerns about the potential negative impact of a digital dollar on the monetary system.

If you enjoyed today's episode, be sure to leave a comment and share the show with a friend!

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. "Like" is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.

...more
View all episodesView all episodes
Download on the App Store

Retire In TexasBy Darryl Lyons

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

33 ratings


More shows like Retire In Texas

View all
The WallBuilders Show by Tim Barton, David Barton & Rick Green

The WallBuilders Show

2,197 Listeners

The EntreLeadership Podcast by Ramsey Network

The EntreLeadership Podcast

4,421 Listeners

Ramsey Everyday Millionaires by Ramsey Network

Ramsey Everyday Millionaires

3,702 Listeners

The Clark Howard Podcast by Clark Howard

The Clark Howard Podcast

5,483 Listeners

The World and Everything In It by WORLD Radio

The World and Everything In It

7,165 Listeners

The Dividend Cafe by The Bahnsen Group

The Dividend Cafe

585 Listeners

Up First from NPR by NPR

Up First from NPR

56,827 Listeners

Frugal Friends Podcast by Jen Smith & Jill Sirianni | Backyard Ventures

Frugal Friends Podcast

1,243 Listeners

The Charlie Kirk Show by Charlie Kirk

The Charlie Kirk Show

66,475 Listeners

Verdict with Ted Cruz by Premiere Networks

Verdict with Ted Cruz

43,950 Listeners

The Pour Over by The Pour Over

The Pour Over

4,386 Listeners