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Ameer Approved

Apr 30, 2020

Brent Johnson is CEO and Portfolio Manager at Santiago Capital in San Francisco, which he formed after a successful and lengthy career working with private clients at Credit Suisse. He now manages the Santiago Gold Fund, a hedge fund which focuses primarily on bullion and other metals-related investments.


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HEDGIES UNCUT IS A "FLY ON THE WALL" SERVICE WHERE YOU GET TO SEE WHAT REAL HEDGE FUND MANAGERS ARE DISCUSSING DAY TO DAY. Chris will tell you what he’s doing with his money, every step of the way, including what to buy and what NOT to buy, and provide you with access to his personal team of analysts and traders that manage his own, and client funds



Dollar Milkshake theory views central bank liquidity as the milkshake and when Fed’s policy transitions from easing to tightening they are exchanging a metaphoric syringe for a big straw sucking liquidity from global markets Despite all the talk about global de-dollarisation the USD currently facilitates a significant proportion of global trade. Moreover, the entire investment world currently depends on the dollar and its money flow. Put simply, global loans made in USD need to be paid back with interest in USD. Dollar Milkshake theory explains a USD rally in terms of market dynamics of demand for dollars exceeding their supply Dollar Milkshake When the Fed, the world’s central bank by default, raises base rates and does quantitative tightening, another way for saying the central bank becomes a seller of assets, that limits the global supply of dollars. Meanwhile, foreign countries and companies “need north of a trillion USD just to make interest payments on dollar-based debt,” according to Brent Johnson. Moreover, to add to this USD liquidity drought the US Treasury is issuing dollar-denominated bonds to obtain funding for US infrastructure projects. So the Dollar Milkshake theory supports the USD bull market argument going forward."