In this episode, Kerry Lutz speaks with Stephen Diggle, founder of Vulpes Investment Management, about his hedge fund’s standout performance during the 2008 financial crisis and why he’s now returning to long volatility strategies. After 14 years in private equity, Diggle sees a shift back toward volatility as central bank policies and growing macro risks come to a head. He warns of a troubling disconnect between the U.S. economy's surface strength and deeper vulnerabilities—like a suppressed equity risk premium and soaring national debt. Diggle also shares candid views on Bitcoin and crypto exchanges, calling them highly speculative but still profitable. On gold and silver, he sees rising prices as a signal that smart money is hedging against uncertainty.

Find Steve here: https://vulpesinvest.com

Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe

Kerry's New Book “The World According to Martin Armstrong – Conversations with the Master Forecaster” is now a #1 Best Seller on Amazon. .

Get your copy here: https://amzn.to/4kuC5p5