Gold, Silver, Bitcoin: The Only Assets That Matter Now

Recorded live at the New Orleans Investment Conference, Russell Gray sits down with Lawrence Lepard (author of The Big Print) for a blunt, Main Street-level breakdown of why the current fiat, debt-based monetary system is “too far gone,” what happens when it finally fails, and how to think about protecting your purchasing power before the pain hits. Lepard connects the dots from leaving the gold standard in 1971 to today’s inflation, social strain, and widening gap between financial insiders and everyday earners—arguing the problem isn’t politics or personalities, it’s broken money. His solution: rebuild around sound, constitutional money and opt out of what can be printed by saving in hard assets. They also tackle the most misunderstood topic in the “sound money” conversation: Bitcoin. Lepard draws a sharp line between “crypto noise” and Bitcoin’s core innovation—immutable digital scarcity with a fixed supply—then explains why he sees gold as “analog sound money” and Bitcoin as “emerging digital sound money,” with different strengths but the same mission: preserving value outside centralized control. Finally, they bring it back to practical Main Street action: why saving matters—but what you save in matters more—and why Lepard believes the only truly defensive assets are the ones that can’t be printed: gold, silver, and Bitcoin.