Business
Outside The Dollar
Outside The Dollar offers brief, 15-minute weekly updates on gold, silver, and the broader economic trends influencing the U.S.
Episodes
The archive
19 episodes, newest first.
- $40T Debt: Growth, Gold & The Fed's ChoiceAmerica's federal debt has now crossed $40 trillion, and rising interest rates are making that debt more expensive to carry, not just larger. This September 2026 episode explores whether faster economic growth can meaningfully shrink the debt burden, why analysts are watching real assets like gold and silver as diversification tools, and how a new Texas law is expanding the transactional role of precious metals. Elena also unpacks the difficult position the Federal Reserve faces as it weighs elevated inflation against pockets of labor market weakness. The discussion matters for anyone holding or considering gold, silver, or other precious metals amid an uncertain debt and rate outlook. Source material referenced includes FXStreet analysis, Yahoo Finance reporting on Treasury Secretary Scott Bessent's growth plan, U.S. News coverage of real assets, and The Sun's reporting on Texas's new precious metals payment law.
- Debasement Trade: Debt, China & Gold's RiseRising U.S. debt concerns, a revived 'debasement trade,' and China's push for financial systems outside the dollar all pointed toward the same theme in August 2026: growing unease about currency confidence and inflation. Elena Reyes examines Ray Dalio's warning that America's debt burden could raise the risk of a future crisis, why CNBC found scarce assets like gold back in favor, and how U.S.-China tensions over Iran are accelerating Beijing's alternative payment network. She also covers gold and silver's strong August gains and closes with why some investors view physical precious metals as a diversification option beyond traditional currencies and institutions. Sourced from CNBC and Yahoo Finance reporting on Dalio's remarks, the debasement trade, and China's payment network.
- $40 Trillion Debt: Gold and Silver RespondElena Reyes connects July's $432 billion deficit, a 30-year Treasury yield above 5.2%, and the run in gold and silver, then asks what it means for savers.
- Jobs Miss, Gold Jumps 7%Elena Reyes looks at July's surprise loss of 23,000 jobs, inflation still above the Fed's target, gold's strongest week in months, and why central banks keep adding to their gold reserves.
Show moreShow less
- Jobs Fall 23,000: Gold's Next MoveJuly payrolls came in negative while manufacturers report cost pressures worse than the pandemic era. Elena Reyes walks through what AI valuation risk, sticky inflation, and a cooling labor market mean for gold and silver.
- Fed Holds: Metals Reset and AI Debt RiskElena Reyes looks at the July Fed meeting, record investor borrowing, questions about how AI data centers are being financed, and what the pullback in gold and silver prices means for savers.
- Who's Going To Buy America's 40 Trillion Dollar Debt?Elena Reyes covers Jamie Dimon's market risk warning, signs that China may be buying far more gold than it reports, and what a nearing $40 trillion U.S. debt load means for the dollar and gold's long-term role in a portfolio.
- Financial Repression: Why Gold Jumped 2%Elena Reyes breaks down June's cooler inflation report against a backdrop of $39 trillion in U.S. debt, rising oil prices, and India and China trimming Treasury holdings for gold. The episode asks whether one soft CPI print changes the longer-term case for precious metals, or just delays the harder questions.
- China Undermining the Dollar & AI Bubble RiskElena Reyes breaks down China's slow shift away from dollar dependence, cracks in the AI-driven stock rally, sticky inflation warnings from Europe, and UBS's new $5,200 gold forecast, then ties it all to one question: how diversified is your portfolio really?
- Gold at $6,000: What the Forecast Really MeansBank of America sees gold hitting $6,000. Central banks are buying by the tonne. And the dollar's purchasing power keeps slipping. Elena Reyes breaks down what's driving these signals and what they might mean for savers and retirement-minded Americans.
Talent
Talents in this show
Each one has a profile of their own.
About
What the show is
dollar and financial markets. Hosted by Elena Reyes of Lear Capital, the podcast provides straightforward insights designed to help listeners stay informed and protect their savings without all the noise.
Information contained within Lear Capital's podcast is for general educational purposes and should not be construed as investment advice. Lear Capital does not provide legal or tax advice, or retirement-specific recommendations.
On the charts
Number 82 in Investing
Apple Podcasts placements, observed 06 Sept 2026.
Ranking data provided by the Mato Topic Intelligence Platform.
More shows
Elsewhere in the directory
Every one of them is made with Mato.
