Lawrence Lepard manages a couple hundred million dollars, and his fund gained 175 PERCENT last year betting on gold and silver miners.
Right now the oil analysts he trusts are telling him $200 a barrel is possible, and the deeper change is the floor: the price that used to bottom out around $40 to $60 now bottoms out at $80 to $100.
For anyone who thinks that sounds extreme, the 1970s embargo took oil up ten times.
The war bill lands on a government already $39 trillion in debt and paying $1.3 trillion a year just in interest, with the Pentagon asking for hundreds of billions more.
Higher prices push rates up, higher rates make the debt cost more, and the loop feeds on itself until Washington does what it did after World War Two and buys its own bonds with money it creates.
As Lawrence puts it: "yield curve control is just a fancy term for printing money."
The last time America tried it, inflation raged for a decade and bondholders got crushed.
His answer is to own the two things no government can print, gold and Bitcoin, and he projects Bitcoin's next run at $180,000 to $200,000 within a couple of years.
Wars are fought with missiles and paid for with printed money, and the second part reaches every wallet on earth.
@LawrenceLepard
