# The Dollar Is Bluffing – Gold’s Next Leg Could Shock Investors | Tavi Costa & Michelle Makori Page: https://stenobird.com/podcast/the-real-story-with-michelle-makori-7658633/the-dollar-is-bluffing-gold-s-next-leg-could-shock-investors-tavi-costa-michelle-makori Text version: https://stenobird.com/podcast/the-real-story-with-michelle-makori-7658633/the-dollar-is-bluffing-gold-s-next-leg-could-shock-investors-tavi-costa-michelle-makori.md Podcast: [The Real Story with Michelle Makori](https://stenobird.com/podcast/the-real-story-with-michelle-makori-7658633) Published: 2026-07-01T17:51:12+00:00 Episode link: https://podcasters.spotify.com/pod/show/the-good-podcast-co6/episodes/The-Dollar-Is-Bluffing--Golds-Next-Leg-Could-Shock-Investors--Tavi-Costa--Michelle-Makori-e3lhf8l Audio file: https://anchor.fm/s/10ddc838c/podcast/play/122256085/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-6-1%2F427180817-44100-2-ed2f4f05cd575.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-real-story-with-michelle-makori-7658633/episodes/the-dollar-is-bluffing-gold-s-next-leg-could-shock-investors-tavi-costa-michelle-makori Duration seconds: 4528 ## Resource Michelle Makori, President & Editor-in-Chief of Miles Franklin Media, speaks with Tavi Costa, Founder & CEO of Azuria Capital, who says one of the biggest macro shifts ahead is a major reversal in the U.S. dollar. Costa argues that the dollar cannot remain this strong sustainably and must go significantly lower for the dollar system to survive. He explains why this could create a major tailwind for gold, miners, silver, copper, and emerging markets. Costa also breaks down why he believes gold could double in two years, why miners remain misunderstood, and why investors should not dismiss the possibility of a major decline in U.S. equities. In this episode of The Real Story with Michelle Makori: - Why the dollar may be set for a major reversal - Why gold overtaking U.S. Treasuries in central bank reserves is a historic shift - How Fed rate cuts could reignite gold’s next move higher - Why gold miners and silver remain long-term opportunities - Where he sees the biggest opportunities outside U.S. equities Follow Michelle Makori on X: https://x.com/MichelleMakori Follow Miles Franklin Media on X: https://x.com/MilesFranklinCo Follow Tavi Costa on X: https://x.com/TaviCosta You can sign up for our newsletter here: https://milesfranklin.com/sign-up/ 👍 Like, 🔔 Subscribe, and Stay Informed Join Miles Franklin Media for expert interviews, market insights, and real-time coverage of gold, silver, Bitcoin, and global economics. Hit the bell to get notified the moment new content drops – don’t miss a move in the markets. ___________________ Miles Franklin: 📞 Call us: 1-952-929-7006 📧 Email us: info@milesfranklin.com 🔗 Website: https://milesfranklin.com/ ▶️ YouTube: https://www.youtube.com/@MilesFranklinMedia 📱 X: https://x.com/MilesFranklinCo 📸 Instagram: https://www.insta… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-real-story-with-michelle-makori-7658633/episodes/the-dollar-is-bluffing-gold-s-next-leg-could-shock-investors-tavi-costa-michelle-makori/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-real-story-with-michelle-makori-7658633/the-dollar-is-bluffing-gold-s-next-leg-could-shock-investors-tavi-costa-michelle-makori.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.