CEO of Monetary Metals Keith Weiner gives a ton of insights into interest rates, zombie companies, inflation and more with Comedian Robbie “The Fire” Bernstein.
The Bank for International Settlements defines a zombie corporation as being unable to pay its interest expense from its profits. Sound familiar? A zombie can only exist by the grace of too-low interest rates, and a very permissive credit environment. In other words, we can thank central banks for these resource-sucking, wealth-destroying, boat anchors on the economy. Keith and Robbie discuss the growth of the zombie horde over the past decade or so and what implications they have on the economy and what it means about the disastrous environment the Fed is creating.
Check out the full episode below to get up to date on what Keith thinks about the stock market and broader economy and what signs to look out for.
Additional Resources for Earning Interest on Gold
If you’d like to learn more about how to earn interest on gold with Monetary Metals, check out the following resources:
In this paper we look at how conventional gold holdings stack up to Monetary Metals Investments, which offer a Yield on Gold, Paid in Gold®. We compare retail coins, vault storage, the popular ETF – GLD, and mining stocks against Monetary Metals’ True Gold Leases.
Adding gold to a diversified portfolio of assets reduces volatility and increases returns. But how much and what about the ongoing costs? What changes when gold pays a yield? This paper answers those questions using data going back to 1972.