Tavi believes the FED is trapped in a dilemma.
On one side, it could decide to continue expanding its balance sheet to ensure subdued interest rates at the cost of setting off an inflationary problem.
Or, it could take the deflationary route by reversing its unprecedentedly loose monetary policy, due to overheating economic conditions, resulting in a reckoning moment for financial assets from record valuations.
In this episode we invited Tavi Costa, Partner & Portfolio Manager at Crescat Capital, shares with us why he believes the FED is trapped in its own policies, why inflation will get out of control and the case for a commodity supercycle with a bull run that barely started for commodities like gold and silver.
Otavio "Tavi" Costa is the portfolio manager at Crescat Capital and has been with the firm for 6 years. “Tavi” built Crescat’s macro model that identifies the current stage of the US economic cycle through a combination of 16 factors. His research has been featured in financial publications such as Bloomberg, The Wall Street Journal, CNN, Financial Post, The Globe and Mail, Real Vision, Reuters. Tavi is a native of São Paulo, Brazil and is fluent in Portuguese, Spanish, and English. Before joining Crescat, he worked with the underwriting of financial products and in international business at Braservice, a large logistics company in Brazil. Tavi graduated cum laude from Lindenwood University in St. Louis with a B.A. degree in Business Administration with an emphasis in finance and a minor in Spanish. Tavi played NCAA Division 1 tennis for Liberty University.
⏰ Timestamps ⏰
00:00 Intro
01:35 Tavi's passion and drive
03:46 What money means to Tavi
05:34 Why is finance a game?
07:35 Tavi's thesis on the current monetary system
11:45 Deflation or inflation? How temporary is inflation?
19:58 Why did the FED trap itself?
24:36 Is there a way out?
29:52 Repo and reverse repo operations
34:32 Liquidity crisis?
36:25 How are markets reacting to FED policies?
43:57 The case for a commodity supercycle?
48:46 Outlook on precious metals: gold, silver, ...
53:05 Concluding thoughts
54:40 Outro
🎙️ GoldRepublic Podcast 🎙️
A podcast inviting guests with valuable insights into the emergence of a new monetary system through the lens of precious metals, cryptocurrencies and other financial instruments presented by Bart Brands, Precious Metals Specialist and Alexej Jordanov, Content Architect at GoldRepublic.
👇 Subscribe to the podcast & leave a review 👇
🔘 Spotify:
https://open.spotify.com/show/4AxNbMR2rGqsF5hLh6ODxv
🔘 iTunes:
https://podcasts.apple.com/nl/podcast/goldrepublic-podcast-covering-emergence-new-monetary/id1547812811
🔘 YouTube:
https://youtube.com/playlist?list=PLTuhW51ulwy1GEg1lbfF7jSgFJRXx9bYx
🔎 Need more information about our platform?
Visit us on our website: https://bit.ly/38p4qth
🟠 Want to open an account directly?
Click on this link: https://bit.ly/38stf7p
📲 Want to invest in precious metals and check gold and silver prices?
Download the GoldRepublic app:
- Google Play: https://play.google.com/store/apps/details?id=com.goldrepublic
- Apple Store: https://apps.apple.com/nl/app/goldrepublic/id475643876
⚠️ DISCLAIMER ⚠️
The information provided in this video statement is not an offer, investment advice, or financial service. It is also not intended to encourage you to buy or sell a product or to purchase a service from GoldRepublic, nor as a basis for an investment decision. A decision to invest in a GoldRepublic product can and may only be based on the information contained in a final prospectus and any Key Investor Information and other information about the product concerned (such as annual or semi-annual results). This information is available on the website (www.goldrepublic.com). If necessary, call in
