“Gold is a seat in a lifeboat,” warns Lawrence Lepard, Managing Partner at Equity Management Associates and author of The Big Print. In an interview with Daniela Cambone, Lepard says we’re staring down the next—and biggest—monetary flood yet.

“Each time it gets bigger,” he says. “Bernanke printed $2–3 trillion in three or four years. Powell? $5 trillion in 18 months. This time—it’s going to be $7 to $10 trillion.”

But it’s not just the size of the bailout that’s alarming—it’s the pace. And Lepard doesn’t believe this ends with another round of pain and paper promises. “What I’m advocating for is a one-time reset,” he says, “a return to sound money. A gold-backed currency.”

His outlook? A hard pivot away from fiat. A revaluation of gold. And possibly a price explosion. “$5,000 gold? Easily,” Lepard says. “Maybe this year.”

This isn’t your typical recession cycle. This is the endgame.

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