Is the tech boom built on sand? Is private credit the next subprime crisis? And why are central banks quietly preparing for a return to gold?
In this eye-opening interview on The Alternative Edge Report, investment consultant and author John Butler explains why today’s financial system looks dangerously similar to past fiat currency failures and why history suggests gold always returns at the end of the cycle.
We cover:
- Why tech valuations are vulnerable to a major correction
- How private credit has become the hidden risk in the global banking system
- Why private credit may be worse than subprime in 2008
- Central banks accumulating gold at record levels
- The difference between physical gold and paper gold
- How a credit crisis turns into a banking crisis and then a currency crisis
- What breaks first if the global financial order cracks
John lays out a clear roadmap for how risk moves from speculative assets to the core of the financial system and why gold historically reasserts itself when trust in fiat currencies erodes.
This conversation is essential viewing for investors watching tech stocks, AI, private credit, gold, and the future of the US dollar.