Submitted by QTR’s Fringe Finance
This is part 1 of an exclusive Fringe Finance interview with fund manager Lawrence Lepard, where we discuss the state of the economy, gold, bitcoin, catastrophic outcomes for the market, the supply chain in the country and more.
Larry manages the EMA GARP Fund, a Boston based investment management firm. Their strategy is focused on providing “Monetary Debasement Insurance”. He has 38 years experience and an MBA from Harvard Business School. On Twitter he is @LawrenceLepard.
Q: Hi, Larry. Thanks for joining me today. I wrote earlier this week about why I thought the NASDAQ could be primed for a crash. Let’s get right into it off the bat: what do you think could be the most likely catalyst for a market crash right now?
A: Very hard to say, think of it as like an avalanche. What snowflake is going to be the last one before it breaks free?
The market is insanely overvalued, but until now has proven that what is insane can become more insane. So you can’t short it. Frankly all price signals are broken and we could be in a “crack up boom”.
Continue reading ““We’re Near The Very End”: Lawrence Lepard On Bitcoin, Gold & The Coming Crash”
