Product Overview - UR is a unified crypto and fiat account with 0% off-ramp fees [1] - UR supports multiple fiat currencies [1] - UR is now available to users in 45+ countries [1] - UR Mastercard debit card can be linked to Apple Pay, Google Pay, etc [1] Key Features - Users holding USDe can automatically earn up to 5% APY in the UR wallet [1] - UR facilitates global transfers and low-fee multi-currency fiat exchange [1]

Functionality - Cryptocurrency and fiat currency prices are updated in real-time [1] - Can be used as an exchange rate calculator [1]

Core Insights - The interview highlights the significant impact of currency devaluation on gold prices, emphasizing that gold serves as a static asset that preserves purchasing power rather than generating new wealth [1][2][4] - The current low ratio of M2 money supply to gold reserves, referred to as the "fear index," suggests that gold is severely undervalued relative to the money supply, indicating potential for substantial price increases in the future [2][5] Currency and Economic Conditions - The U.S. dollar experienced a sharp decline, particularly against the Japanese yen, reflecting heightened sensitivity in currency exchange rates and a shift in focus towards gold as a safe haven [1] - Recent economic data, including higher-than-expected core PCE and disappointing non-farm payroll figures, point towards a combination of economic weakness and high inflation, reminiscent of the stagflation period of the 1970s [1][4] Gold as a Safe Haven - Gold is viewed as a hedge against the devaluation of fiat currencies, with its purchasing power remaining relatively stable over decades, unlike fiat currencies which rely on government and central bank promises [2][4] - The potential for gold prices to rise significantly is linked to the historical context of the M2 to gold reserve ratio, which is currently at 3.9%, compared to much higher levels during past economic crises [2][5] Future Projections - If the M2 money supply doubles and the gold reserve ratio returns to historical levels, gold prices could see dramatic increases, potentially reaching around $20,000 or even $51,000 if the ratio aligns with Great Depression levels [5][6] - The silver market is also expected to experience upward movement, particularly if the gold-silver ratio decreases significantly, indicating a potential surge in silver prices [6][7]