In our monthly update with Geotrendlines, Sven Kuijpers talks to Frank Knopers. Sven and Frank start by discussing the recent record prices of gold and bitcoin. According to Frank, this is a result of increasing financial repression and the rising debt burdens and budget deficits of governments. Trust in governments and therefore fiat money is decreasing, causing people to seek refuge in hard assets outside the system such as gold and bitcoin.
The war in Ukraine is also discussed. According to Frank, this war exposes Europe's weak position. Namely, the dependency that has arisen in recent decades on cheap energy from Russia. And the dependence on the U.S. for our security. Sven asks if nuclear energy and extra armaments can solve this problem?