Reinvent Money

Recorded on the 3rd of September 2026.The global bond market is flashing a warning, and most investors are still looking in the wrong place. Robin Brooks says the real story is not one country, one central bank, or one headline - it is a worldwide debasement trade reshaping bonds, currencies, gold, oil, and the assets that can actually protect your wealth.Paul Buitink sits down with Robin Brooks, former Goldman Sachs Head of FX and now senior fellow at the Brookings Institution, for a sharp breakdown of what Jackson Hole, U.S. fiscal dysfunction, Japan’s bond chaos, and Europe’s political structure are really telling markets.If you care about preserving capital, understanding the next phase of inflation, or figuring out where safety still exists, this conversation is for you.You’ll hear why recent moves in long-dated U.S. Treasuries and gold are being read as more than a short-term reaction, how Bessent and Warsh fit into a much bigger fight over bond market control, and why Robin thinks the debasement theme is now global - not just an American problem.We break down:- Why the U.S. budget deficit, long-end yields, and central bank independence matter more than most investors realize- Why Japan’s bond market and the yen are central to the global story- How to think about a true safe haven in a world where bitcoin, gold, the dollar, and equities all behave differently- Why Europe’s eurozone structure may be masking deeper fiscal and political cracks- What the Iran conflict and the Strait of Hormuz actually mean for oil pricesRobin also explains why Greece, Italy, Spain, and other sovereign bond markets are still distorted by central bank intervention, why oil is likely much more resilient than headlines suggest, and why investors may need to rethink what counts as protection in a beggar-thy-neighbor world.Essential listening if you want a clearer framework for the markets, the macro regime, and the assets that may hold up when the old rules stop working.Follow Robin here:https://robinjbrooks.substack.com/https://x.com/robin_j_brooksFollow Paul on X here:https://x.com/paulbuitinkTimestamps:0:00 Intro01:54 — Jackson Hole, Kevin Warsh and the bond-market reaction06:04 — Global fiscal pressure and policymakers buying time08:56 — What the “debasement trade” means: gold, bitcoin, equities and safe havens12:07 — Is the US dollar still a safe haven?15:15 — Fiscal stress, political constraints and why reform is difficult17:54 — Europe, the euro and the risk of an unmanaged breakup24:07 — “Shadow yields”: how far Japanese and European bond yields may be distorted28:21 — Oil, Iran and the Strait of Hormuz34:34 — Final investment takeaways: protecting savings in a debasement environment

Paul Buitink talks to Jeffrey Sachs, renowned economist and professor at the Columbia University in New York, US.Topics discussed are the Marco Polo trip Mr. Sachs did over the summer and how the world should embrace peace and trade again. Mr. Sachs outlines his proposal for peace in Ukraine and how European leaders should finally start embracing diplomacy.He also gives his views on the conflict between the US and Iran and how Trump's policies are failing. The US should begin to understand the new geopolitical world order. Mr. Sachs also worries about the US finances and expect difficult years to come, after the stock market and AI bubble bursts.More info about Jeffrey Sachs:https://csd.columbia.edu/sachsFollow Paul on X here:https://x.com/paulbuitinkLetter Sachs to Merz:https://www.jeffsachs.org/newspaper-articles/sj32jtl6876pd8aaeb23y7pzxbyrrpInfo on Iran joining Mecca defense pact:https://www.jpost.com/middle-east/iran-news/article-906316?utm_source=jpost.app.apple&utm_medium=shareTimestamps:0:00 Intro1:45 Jefrrey Sachs' Marco Polo drive of Peace, Culture and Sustainable Development7:40 Europe's lack of diplomacy13:57 NATO enlargement and the origins of the war between Russia and Ukraine17:45 Path to a viable treaty22:00 Trump's fake peace attempts26:51 US' weakening position globally29:22 Lack of accountability and risk of nuclear escalation32:25 US debt and deficit, stock market bubble35:13 Outro

Paul Buitink talks to Francis Hunt, aka the Market Sniper, about gold's breakout and that of silver. Francis explains how confidence in both debt and currency is collapsing and how physical precious metals can protect you. He is realistic though when it comes to price targets for 2026.He also analyses Rand Paul's visit to Fort Knox, the yen intervention by the US and Japan and how the US debt is the financial equivalent of Hotel California. He understands why countries like Brazil try to diversify away from this.Furthermore he unravels how retail investors will wind up paying for their own AI surveillance State. He gives honest advice on how to deal with this.Follow Francis here:https://themarketsniper.com/Follow Paul on X here:https://x.com/paulbuitinkTimestamps:0:00 Intro1:38 Technical gold price analysis12:58 Who are gold's main buyers16:55 Rand Paul's visit to Fort Knox19:34 Scott Bessent and yen intervention26:14 AI bubble and the massive debt built-up28:16 Brazil issuing yuan denominated debt32:59 Francis' latest KOSPI forecast37:40 Chinese AI vs Silicon Valley40:04 Where to hide for the surveillance and control State43:27 Intrusion from Brussels45:06 Outro

In this episode, Paul Buitink speaks with Michael Oliver of Momentum Structural Analysis about gold, silver, oil, central banks, and the warning signs in today’s markets. Michael explains why momentum can reveal structural shifts before price does, why fiat currency degradation matters, and why sovereign bond stress could reshape where investors seek safety. They also discuss the long-term case for gold, silver, and commodities in a world of rising fiscal pressure and policy uncertainty.Follow Michael here:https://www.olivermsa.com/https://x.com/Oliver_MSAFollow Paul on X here:https://x.com/paulbuitinkTimestamps:0:00 Intro1:26 Momentum Structural Analysis explained6:07 How has momentum trading changed over time8:33 Stock markets and oil12:30 How central banks distort prices16:22 Oil vs gold18:24 Central banks and QE20:27 Gold and silver's bottom and structural momentum28:00 Fundamental vs momentum analysis31:29 Michael's encounters with Murray Rothbard33:52 What comes after the crisis41:07 Outro