Podcast by Palisades Gold Radio
David Kranzler: Poking Bears And Black Swans
2 dni temu
1:13:46Tom Bodrovics your host welcomes back Dave Kranzler from Investment Research Dynamics. They discuss the media interview with Vladimir Putin, the contemporary stock market, economic uncertainties, and potential financial reforms. Kranzler appreciates the Carlson interview as a rare example of genuine journalism that reveals Putin's motives and the U.S.' provocative interventions in stark contrast to the narratives of mainstream media. Speaking as an investor, Kranzler analyses the dominance of a few companies in the S&P, suggesting it to be an indicator of a stock market bubble. He posits that the Federal Reserve may be trying to avert a banking crisis by reinflating the bubble, but warns this could lead to inflation and social disparity. Recognizing vulnerabilities in the commercial real estate sector, Dave anticipates a black swan event caused by the overwhelming debt of $117 billion this year and over $1.5 trillion by 2025. The implications of escalating U.S federal debt are also discussed, suggesting the Federal Reserve may need to print more money if a significant foreign financier withdraws. They examine the deceptive representations in government economic reports and the prevailing economic hardships ignored by these reports. Despite partisan politics obstructing genuine reform, they urge for term limits and campaign finance reform, while recognizing the improbability of such changes without a societal reset. Dave stresses the importance of rigorous analysis rather than relying on company reports alone when investing, suggesting that companies like Snap and Tesla are overvalued. He predicts that the market may eventually favor companies producing essential raw materials, following a market crash. They comment on the current investment culture, dictated by momentum and technological influence, and advocate for traditional metrics and investing standards. Investments in well-run gold and silver companies are presented as a prime example of value stocks. Discussing market competitiveness, they denote the need for companies to maintain their share price, using Fortuna Silver as an example. Despite a temporary setback, its future prospects appear promising due to new discoveries and share buyouts. Despite the uncertainty and price manipulation in the precious metals sector, they remain optimistic of a future bull cycle, driven by factors such as high inflation, political instability, and geopolitical risks. International demand also provides a safety net for gold prices. Time Stamp References:0:00 - Introduction0:43 - Putin/Tucker Interview4:40 - Bias & Poking The Bear11:00 - S&P500 & Tech Bubbles15:05 - Perception & Risk20:54 - Looming Black Swans24:40 - Federal Debt Refinancing29:28 - GDP "Growth", CPI & Reality32:47 - The Silent Recession36:42 - Unfixable Problems41:00 - Pain Before Reset42:50 - Company Valuations49:26 - Miners & Valuations55:07 - Sentiment & Apathy58:08 - Metal Fundamentals1:03:52 - Market Behavior & Risk1:07:54 - Concluding Thoughts1:12:52 - Wrap Up Talking Points From This Episode Kranzler identifies a stock market bubble, warns of potential inflation and social disparity instigated by Federal Reserve actions. Discussions forecast a 'black swan event' in the commercial real estate sector and potential money printing due to increasing U.S. federal debt. Kranzler advocates for rigorous, unbiased investment analysis and prefers value stocks in gold and silver companies despite market uncertainties. Guest Links:Twitter: https://twitter.com/InvResDynamicsWebsite: https://investmentresearchdynamics.comNewsletter: https://investmentresearchdynamics.com/mining-stock-journal David Kranzler spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, he traded junk bonds for Bankers Trust. Dave earned a master's degree in business administration from the University of Chicago, concentrating on accounting and finance.
Justin Huhn: The Unstoppable Momentum of the Uranium Market
51:11Tom welcomes back Justin Huhn, founder of the Uranium Insider Newsletter, to discuss the unusual dynamics of today's uranium market. Huhn points out the current lack of secondary supplies which has led to a significant deficit expected to last until large projects become operational in three to five years. These multiple buyers vying for limited supplies should keep prices high for some time. In Kazakhstan, Kazatomprom continually drills to maintain crucial uranium production levels. However, the industry faces a notable shortage of skilled workers, a problem not confined to Kazakhstan, but also affecting the United States and Canada. The potential ban on imports of Russian uranium into the US, currently awaiting Senate approval, could lead to further price increases if passed. Huhn also discusses China's considerable impact on the uranium market. Despite having a large geographic area, China lacks substantial uranium resources. With 55 gigawatts of nuclear capacity and 26 reactors under construction, the country's domestic demand far surpasses supply. Therefore, China seeks international contracts, recently signing substantial deals with KazAtomProm, the world's leading uranium producer. Unlike Western strategies, China aims for a stable long-term supply strategy, making it unlikely they will become uranium sellers, despite owning the world's largest uranium inventory. Huhn notes that while nuclear utilities might not like escalating uranium prices, they can transfer these costs to rate payers as uranium is a minor faction of their operating budgets. High uranium prices are beneficial to the industry and are expected to continue due to growing demand and supply constraints. The chance of the current market creating overheating on underlying assets remains uncertain. However, Huhn expects profit-taking after gains. The discussion concludes with predictions of a continuing bullish market and rising prices due to looming demand. The belief is that despite potential roadblocks, the industry must address the increasing demand for nuclear energy, underscoring the robust health and growth of the nuclear industry. Time Stamp References:0:00 - Introduction0:39 - Unprecedented Dynamics3:22 - Inflation Adjusted Chart7:30 - New Uranium Projects10:42 - Mine Development Time15:00 - KazAtomProm Production17:30 - Risks Both Left/Right19:10 - Russia Imports/Sanctions22:40 - Financial Mkt. Impacts26:10 - Price Stability Importance31:00 - Nuclear Plant Restarts31:53 - Contracts & Deliveries36:26 - Chinese Market Impacts41:03 - Current Equity Conditions46:42 - Thoughts on Cameco48:28 - Wrap Up Guest Links:Website: https://www.uraniuminsider.com/Newsletter: https://www.uraniuminsider.com/newsletterTwitter: https://twitter.com/UraniumInsiderYouTube: https://www.youtube.com/@UraniumInsider Justin is the Founder and Publisher of the Uranium Insider Pro Newsletter. Through the combination of rigorous fundamental analysis and Justin's thorough understanding of technical analysis, determinations are made for select companies to be included on Uranium Insider Pro's "Focus List," as well as the most opportune times for entry or exit. Justin is frequently asked to offer his commentary on various media forums, including Crux Investor, Smith Weekly, Palisades Gold Radio, Mining Stock Education, and Mining Stock Daily. He also regularly participates in the post-earnings commentary that is broadcast immediately after industry majors release quarterly earnings. Justin is devoted to bringing value to those that are taking their first look at the uranium sector. Until July 2020, he distributed a complimentary newsletter as an educational tool to those investors seeking to familiarize themselves with the complexities and opportunities offered by the uranium sector and the uranium shares. Regrettably, the Uranium Insider Pro subscription letter's subscriber growth and breadth no longer allow him to provide this tool.
Chris Irons: No Soft Landing In Sight, Means Unavoidable Performance in Hard Assets
1:20:26Tom Bodrovics welcomes back the always forthright Chris Irons. Chris is the host of the Quote the Raven podcast and author of QTR's Fringe Finance Substack. Irons discusses his perspectives on the current state of the financial markets, addressing the massive global debt and the potential lagging impacts of the rapid rate hikes. Despite previously predicting a market crash, Irons admits that the timing was not correct, and acknowledges the unexpected resilience of the global markets. However, the aftereffects of the significant debt bubble are inevitable and the monetary authorities for underplaying this financial predicament. Chris examines the concerning U.S. economic policy choices and the country's worrying $34 trillion debt. He condemns the lack of understanding and oversight by Congress members, and argues that these actions could lead to economic consequences. He also raises questions on the sustainability of the U.S. dollar as the primary world reserve currency. Discussing investment strategies, Irons discusses the high valuations in tech stocks, an indicator of a distorted economy. Furthermore, he anticipates future market crashes and suggests investing in tangible assets, like gold, silver, and Bitcoin. Irons also forecasts a significant rise in gold prices. Irons, who once expressed skepticism about Bitcoin, now praises the crypto asset's resilience. As Bitcoin's network grows, it becomes stronger and more unhackable, even in the face of potential threats from entities that could ban its use. He predicts further adoption of Bitcoin as part of standard smartphone features and a surge in Bitcoin's price due to a decline in the dollar's value and the launch of Bitcoin ETFs. Irons has his reservations about leaders like Justin Trudeau and Joe Biden, Irons expresses optimism upon seeing libertarian Javier Milei's election in Argentina and Salvadoran President Nayib Bukele's high approval rating. Finally, Chris criticizes U.S liberal policies for perceived negligence regarding issues such as maintenance of cities and border control. He suggests that the U.S could manage these issues better if they chose to do so. With a critical view on President Biden's performance and suggestion of a preference for Trump, Irons encourages investments in gold, silver mining, real estate, emerging markets, and Bitcoin to sustain through the alleged imminent economic downturn. Time Stamp References:0:00 - Introduction1:16 - Hikes, Cycles, & Timing12:46 - Peak Idiocy & Magazine Covers19:55 - Eventual Inevitable Pivot22:45 - No Recession in 2024?30:00 - A New Chapter For Gold32:39 - Fed Cuts & Gold Reversal?39:09 - Bitcoin Research & Gold1:05:22 - Western Leadership Shift?1:08:22 - Argentina & Adjustment1:15:14 - Optimism Vs. Reality1:18:45 - Wrap Up Talking Points From This Episode Chris warns of the inevitable aftermath of the significant global debt and criticizes monetary authorities for downplaying it. Despite past skepticism, Irons now praises Bitcoin, anticipating increased adoption and a surge in its price due to declining dollar values. Irons criticizes U.S. liberal policies regarding city maintenance and border control, advocates for diversified investments to sustain a potential economic downturn. Guest Links:YouTube: https://www.youtube.com/channel/UCxUo55-0ScpOQNdug8FCzzA/videosPodcast: https://quoththeraven.podbean.comSubstack + Discount: https://quoththeraven.substack.com/subscribe?coupon=92245385Twitter: https://twitter.com/QTRResearch Chris Irons is the host of The Quoth The Raven Podcast, a show dedicated to discussing Fringe Finance topics and exploring the boundaries of investment decisions. Irons has spent years reading the news and has developed a strong opinion on the mainstream media's ability to drive a narrative which serves the interests of a small minority. His focus is to provide content that is rarely found elsewhere and to curate content from people he respects.
Dr. Stephen Leeb: Gold – The Ultimate Solution to Modern Problems
1:14:11Tom Bodrovics welcomes back once again, Dr. Stephen Leeb of Leeb Capital Management to discuss China's overall growth and the geopolitical impact. Leeb articulates his perspective that the recent slump in China's stocks has minimal effect on its general economy, albeit it may discourage some foreign investment. He argues that China's economic model takes a different approach, focusing largely on knowledge generation and innovation rather than relying heavily on financial markets. A Nature report indicates China surpassing the US in general scientific achievement for the first time, showing the country's advancements in technology. The report singles out China's long-term investment focus as the source of their success, drawing a parallel with Western countries' emphasis on short-term outcomes. Looking at the education backgrounds of top tech company heads, they are often originally from Asia, with examples illustrating that they have the capability to transform industries. A shift in corporate focus is observable, as evident with Microsoft’s transition from PCs to the cloud. Yet, a clear concern is expressed regarding the growing disconnect between corporate heads and their employee base, possibly leading to classism issues. Dr. Leeb calls attention to the United States' current condition, making comparisons to China's technological advancement. He voices concerns about societal upheaval due to significant inequalities and a lack of unified mission, cautioning about events like the Civil War. Despite these issues, he remains optimistic, emphasizing the strength of American democratic values. Dr. Leeb explains his views on gold as a significant store of value over other assets. He challenges conventional financial wisdom with his argument that gold has proven to be a reliable safeguard during periods of instability, even though renowned financiers such as Charlie Munger and Warren Buffett disagree. A worldwide crisis is stressed as money unduly influences science. International cooperation is suggested as the key for global progress. He emphasizes China's defensive strategy in conflicts as a model, and strongly advocates for gold as a spiritual value and balance to materialism. Despite a critique of systems like Bitcoin, he expresses hope that future generations will appreciate the balance offered by gold. Time Stamp References:0:00 - Introduction0:40 - China's Slump10:00 - Global Manufacturing20:27 - Conviction & Buying28:46 - The Great Leveler50:20 - Echo Chambers & Gold1:02:55 - Money/Science & Religion1:07:50 - Golds Importance1:12:44 - Wrap Up Talking Points From This Episode China's growth and recent stagnancy and the global impact on manufacturing. Concerns about upheaval and instability in the United States. Western over-reliance on science and materialism. Guest Links:Twitter: https://twitter.com/LeebPhdWebsite: https://www.leeb.com/Website: https://www.stephenleeb.com/Book/Amazon: https://tinyurl.com/y4wphb87 Dr. Stephen Leeb is a recognized authority on the stock market, macroeconomic trends, and commodities, especially oil and precious metals. As Chairman and Chief Investment Officer of Leeb Capital Management, Dr. Leeb combines his knowledge of macroeconomic trends and current market conditions with detailed information about specific companies he follows to guide the Committee's investment decisions. Stephen Leeb is a financial author, wealth manager, and publisher of a family of investment newsletters. He has been a recurring guest on CNN, Fox News, NPR, Bloomberg, and many others through the years. Leeb was also said to be one of the country's foremost financial experts, with Charlie Gasparino in 2016 recommending Leeb as a good candidate for Federal Reserve Chairman. Leeb earned a B.S. in Economics from the Wharton School of Business. He also earned a Master's in Mathematics and a Ph.D. in Psychology from the University of Illinois.
Peter Grandich: Excessive Borrowing and Money Creation is Delaying the Inescapable Depression
51:17Tom welcomes returning guest Peter Grandich to the show fora riveting conversation. Peter underscores his belief that the much-anticipated recession hasn't yet arrived due to rampant money creation and continuous borrowing. He challenges the Bureau of Labor Statistics' data, believing its reported market conditions to be milder than reality. He spotlights the increasing number of Americans relying on food banks, living paycheck to paycheck, and articulates his belief that an impending recession is not a matter of "if," but "when." Grandich also points to a shift in the past 40 years from a market largely dominated by retail investors to one controlled by computer algorithms. In fact, today more than half of all stock market investments are in passive funds. This new mode of operation could result in rapid market changes when investment perspectives shift, leaving more investors vulnerable to losses. Importantly, the spiraling US debt is a concern. The Congressional Budget Office recently predicted a debt level of $50 trillion within seven years. This escalating debt could lead to economic collapse, as a large part of the country's revenue would be obligated to cover interest repayments. Grandich further criticizes the Biden administration's decision to expunge student loan debts as it could set a dangerous precedent for other financial liabilities. Additionally, Grandich observes the growing global outcry for dominance at the expense of the US, spurred by countries like Brazil, Russia, India, China, and South Africa. This could lead to diminished demand for US stocks and a preference for non-US stocks. Amid these shifts, Peter emphasizes the importance of safeguarding capital. He acknowledges the potential for capital growth in areas such as the natural resources sector. Despite previous success with uranium, Peter is now directing his focus towards other natural resources such as gold, copper, and lithium. He recommends their potential for capital appreciation, citing ongoing demand and treating copper optimistically due to its emerging role in the green sector. While remaining cautious about investing, given the current economic, social, and political landscapes, Peter remains hopeful about the future growth in the natural resources sector. Lastly, Grandich provides intriguing insights on the position of uranium in the current market, explaining that widespread energy challenges and increasing nuclear power necessity maintain its stability; however, he maintains that other metals such as gold and copper now offer better investment opportunities. Rapid price surges have led to difficulty for producers like Cameco, who are grappling with meeting contract obligations due to limited supply. This could potentially slow uranium price elevation. While Grandich acknowledges the potential for uranium's market to rise, he sees greater gains and less risk in junior resource markets. Talking Points From This Episode Rampant money creation is temporarily delay a recession, which is inevitable. Peter is concerned about the number of algorithim trading system which would catalyze sudden market shifts. Uranium's performance is good but gold, copper, and lithium currently offer more potential for growth. Time Stamp References:0:00 - Introduction0:33 - Recession Outlook4:23 - Five Critical Issues8:08 - Fed & Inflation13:16 - Debt, Deficits, & Taxes17:33 - Consequences19:30 - Debt & Global Bond Mkts.21:44 - BRICS Progression26:48 - U.S. Equity Demand29:02 - Preserving Wealth31:20 - Focus On Resources34:34 - Uranium & Profits36:57 - Jurisdictional Risk38:20 - Gold Market Thoughts40:28 - Why Undervalued Miners44:03 - Uranium Market50:08 - Wrap Up Guest Links:Website: https://petergrandich.comTwitter: https://twitter.com/PeterGrandich Peter Grandich entered Wall Street in the mid-1980s with neither formal education nor training. Within three years, he was appointed Head of Investment Strategy for a leading...
R.C. Williams and Julianna Ormond: The Fight Between Economic Freedom and Slavery
32:44Tom welcomes R.C. Williams and Juliana Ormond to the show to discuss the implementation of the Sound Money Act. Deriving authority from Article 1, Section 10 of the US Constitution, the Act will enable states to mint their own gold and silver currency, thereby reducing dependence on federal fiat money. To guarantee successful implementation, the precious metals must be declared as legal tender and be functional in transactions, just like debit cards. Williams and Ormond foresee Florida, Texas, Utah, South Carolina, Oklahoma, Missouri, and New Hampshire as the states most likely to accept the Act. The states' chief financial officers will manage the system, with technological support from tech firms. The Sound Money Act, backed by precious metals, presents wealth protection and growth opportunities. They caution this new system should complement, not replace, conventional fiat currencies. This precious metal-backed system has prime potential to inhibit unlawful financial activities and money laundering due to improved transparency and accountability. Moreover, it provides a check on government towards greater restraint over their fiscal activities, deterring overspending and empowering citizens to have enhanced control over personal finances. Successful implementation of the Sound Money Act requires strong legislative backing. In Florida, this backing is accomplished by winning support from key political figures. Challenges are foreseen, but the procedure is expected to boost state sovereignty and monetary freedom. The states' rights, as defined by the 9th and 10th Amendments, empower them to independently manage themselves and secure citizens' interests, even when facing federal intervention. The group anticipates that if a significant number of states adopt gold and silver as legal tender, it could press the Federal Reserve into critical discussions leading to ideological and practical dilemmas. This could eventually address the debt issue. To help citizens voice their opinions on the matter, the group has initiated the Watchmen Action platform to provide resources required for engaging in research, narrative development, and legislative outreach. The aim is to rally leaders toward valuable public changes despite facing opposition from those entrenched in the current economic structures. Time Stamp References:0:00 - Introduction0:35 - The Sound Money Act2:23 - Metals Taxation3:50 - Leading Key States6:17 - Texas State Depository7:45 - Debit Card Solution10:50 - Metals Vs. Dollars13:32 - Fiscal Accountability15:25 - Role & Legislatures19:16 - Louisiana Keynote20:34 - Federal Confiscation?23:50 - Watchman Action25:37 - Grassroots Resources30:07 - Wrap Up Talking Points From This Episode The Sound Money Act aims to allow states to mint their own gold and silver currency, reducing dependence on federal fiat money. The precious metal-backed system can enhance transparency, accountability, and personal financial control while deterring unlawful activities. Adoption of gold and silver currency by multiple states could potentially drive discussions and address the debt issue. Guest Links:Website: https://watchmenaction.org/Website: https://sherloc.substack.com/Website: https://SherlocExposes.com Husband and wife team, RC Williams and Julianna Ormond, are lynchpins for the grassroots conservative movement throughout the southeastern United States, through strategic planning and leadership, research and advanced technology expertise, and public speaking and media appearances on radio and television. Professionally, RC and Julianna co-founded Sherloc Market Research in 2017, harnessing their competitive intelligence capabilities to help middle-market businesses gain and maintain a competitive advantage with their market research technology platform, ParAible. Sherloc has accurately predicted economic events, Supreme Court Rulings, and the acquisition of Pandora Music by Sirius XM a full year in a...
Gareth Soloway: China’s Stock Market Slump, A Leading Indicator For the World
37:18Tom welcomes back Gareth Soloway, President, CEO & Chief Market Strategist for Verfied Investing to discuss the state of Chinese and US markets. Soloway finds the significant divergence between the S&P 500 and the Hang Seng market noteworthy. The S&P 500 is ascending, while the Hang Seng market is grappling with multi-year lows. He cites crackdowns on businesses, trade tariffs, and the global investment shift away from China as some of the challenges China is facing. Soloway also refers to the problematic economic stimulation in China via construction of vacant cities. Soloway warms of several trends that may affect the broader economy, such as layoffs from major corporations, the increase in artificial intelligence (AI), and possible recessions. AI, while it could lead to cost reductions, might result in significant job losses and impact the economy negatively. He also comments on the maturation of the Bitcoin market and the stagnant activity in the gold market, suggesting economic impacts surrounding these markets. Soloway predicts a drop in oil prices by the end of the year and points to increased US production as a factor in making the US energy independent. He identifies natural gas as a riskier investment, despite potential short-term upsides. He sees a gloomy outlook for copper, hinting at numerous recessions, including those in Europe, the UK, and China. Market psychology greatly affects the overall market conditions and investment decisions. The market's reaction to significant company announcements, such as Netflix's recent positive news, demonstrates this. Even if these companies are not top-tier, their impact on the market and investors is significant. Soloway notes that considering variables like job reports and inflation is crucial for anticipating market trends and warns that competition may erode big tech companies' margins in the future. Time Stamp References:0:00 - Introduction0:44 - U.S. & China Markets3:55 - U.S. Stimulus & Assets5:00 - Trillions & Rates6:24 - China & Hang Seng Index9:23 - Rate Cut Expectations11:03 - Earnings & Layoffs14:40 - Bitcoin Sector & ETFs17:00 - Gold Markets & Trends20:03 - Silver & Industry21:55 - Oil & Natural Gas24:34 - Copper Run & Recession27:14 - Global Recession Risk?28:18 - Earnings & Psychology31:00 - Ratings & Stock Chasing33:53 - A.I. Narratives36:15 - Wrap Up Talking Points From This Episode The divergence between the S&P 500 and the Hang Seng market may indicate future downturns in the US markets. Large-scale layoffs and the rise of AI might heavily impact the job market and economy leading to a possible recession. Despite the potential for short-term gains, natural gas represents a risky investment given the vast production volume. Guest Links:Twitter: https://twitter.com/GarethSolowayWebsite: https://inthemoneystocks.com/Website: https://verifiedinvestingcrypto.comWebsite: https://verifiedinvestingeducation.comLinkedIn: https://www.linkedin.com/in/gareth-soloway-60827953/ Chief Market Strategist Gareth Soloway has been an avid swing and day trader since his days at Binghamton University, where he studied Economics. After college, Gareth quickly excelled as a financial adviser, but his heart was always in swing and day trading. He had this long-standing belief that he could help investors make more money by advising them on shorter-term investments (holding a stock for days to weeks) than the buy and hold crowd who lost 50% of their money during every market collapse. "Why not profit during the bear markets just like the bull markets," he said. So while helping others gain financial independence during the day, he spent his nights studying charts and price action, developing a unique market trading system that put his profits on a rocket ship. Some nights he would barely sleep when he found a new technique that was proven, once back-tested. After building his wealth through trading in 2004,
Gary Savage: The Road Ahead, $100 Silver & $200 Oil – Fueling the Golden Bubble!
34:52Tom welcomes back Gary Savage to the show. Gary is a retired entrepreneur, investor, and the President of Smart Money Tracker Premium. Gary Savage, discusses the challenging nuances of the metals market. Savage warns of the potential for a false rally, as eager buyers rush to capitalize on a recent price action. While admitting the dollar's upward trajectory can suppress gold prices, Savage dismisses the notion that the dollar solely governs gold's cost and predicts gold prices may disregard the dollar after crossing the $2100 resistance mark. He projects the next intermediate cycle will overcome the dollar suppression. He sees potential investment benefits with mining stocks when they dip enough to be undervalued. Gary believes gold prices could retest the $1820 mark, though the trajectory, plummeting to around $1950 or crashing straight onto that level, remains uncertain. An impending four-year cycle low in stocks could trigger a broad market downturn, affecting all sectors, including gold. Gary also warned of a likely false breakout in the stock market and urged market players to keep an eye on the S&P and be prepared to exit if the breakout doesn't materialize. Savage posits an unexpected drop in the stock market, possibly triggered by an unexpected international political event, could spur the Federal Reserve to implement rate cuts and additional quantitative easing. Consequently, this could stimulate a bull market in stocks and gold, culminating in a stock 'bubble phase.’ Additionally, he warns of certain market patterns that signify a bubble in Bitcoin. Despite the recent approval of a Bitcoin ETF, Savage cautioned against the risks of markets surging disproportionately above their moving averages, referencing uranium miners as an example. While examining the uranium mining ETF chart, Savage notes an eleven-month unbroken rally with minimal corrections, but expressed reservations about a potential "false breakout." Savage proposes utilizing stops to help manage greed in this phase of the uranium markets. Predicting significant fluctuation in the oil market, Savage sees the chart potentially forming an extensive 'cup and handle' pattern. At some point he expects oil prices to rally. Eventually, oil prices will reach the projected $200 mark through a slow but steady buildup of value. Rounding up his analysis, Savage urged listeners to be vigilant of market trends. Time Stamp References:0:00 - Introduction0:42 - Metals & Patience3:10 - Gold & Dollar Cycles6:16 - Opportunities?8:10 - Thoughts on Silver9:24 - Signals For Gold/GDX11:28 - Sentiment & Fundamentals13:48 - Equity Market Outlook16:06 - Markets, Fed, & Swans17:54 - Bitcoin Bear Rally21:07 - ETFs & Wall Street23:45 - Uranium & Tops26:55 - Bubble Phase?29:02 - Miners & Bottoms30:46 - Oil, Metals, & Big Moves33:30 - Wrap Up Talking Points From This Episode Gary anticipates a false rally, positing that eager buyers amid recent price declines often misjudge real market gains. He cautions that an unexpected international political event could prompt a Federal Reserve rate cut. The potential for substantial fluctuation in the oil market and higher prices long-term. Guest LinksTwitter: https:/twitter.com/garysavage1Blog: https://blog.smartmoneytrackerpremium.com/YouTube: https://www.youtube.com/channel/UCgiNs7gCxEvgBE1HHvoOKTQ/videosWebsite: https://smartmoneytrackerpremium.com/ Gary Savage is a retired entrepreneur living in Las Vegas. He has been investing in stocks and commodities for 15+ years. Gary is a self-made multi-millionaire and attributes his financial success to savvy investments made in owning/selling several businesses, real estate, and, more recently, the stock market. He is also a national Judo, powerlifting, and Olympic weightlifting champion and world record holder. Gary holds national titles in 3 different sports and continues to challenge himself as an avid rock climber,
Tim Price: The Last Death Rattle of the Debt Based Monetary System
57:54Tom welcomes back the ever eloquent Tim Price from Price Value Partners for a jaw-dropping interview. Tim critically examines global institutions such as the Davos Club and a certain UN Health Organization. He expresses unease about global policies that may potentially marginalize farming and fishing in order to mitigate ecological damage. Price urges comprehensive analysis on such policies' impacts on global food resources. He disapproves of unelected individuals influencing significant global health and economic strategies and encourages skepticism towards the mainstream media for perpetuating unchecked influence over these areas. Price also identifies a growing trend toward skepticism of global forums, notably through an editorial in the Financial Times questioning the relevance of Davos. He ends by cautioning against "philanthropaths" who amass wealth under the guise of charity and urges for increased understanding of their motivations. Tim highlights the value of debate and continuous dialogue in resolving polarized arguments. Individuals should aim to arouse introspection in their interlocutors rather than impose personal beliefs. Understanding can create gradual changes in viewpoints over time. The author advises government not to meddle in the education system and encourages flexible interpretations of reality. Price draws parallels between the current credit and debt system and historical failures of such systems. He views Davos as the emblem of big state command economy systems — a form of crony capitalism, not genuine free market capitalism. He suggests teaching classic economics as a buffer against economic downfalls. He casts doubts over the sustainability of the debt-based monetary system in light of the escalating global debt burden and highlights discussions about replacing the dollar with a hard commodity-backed currency in resource-rich economies such as Russia, India, China, and South Africa. Price points to economic uncertainties and volatility in various countries, taking Japan as an instance of a resilient economy that weathered two depressions on a par with America's Great Depression, maintained lower unemployment levels and a sustained GDP. He raises the question of whether Western economies could cope with similar situations. He also underlines ongoing unrest in currencies, the bond market, and the intensifying inflation. Tim criticizes the problematic Keynesian economic model and government interventions in economic systems, proving them incapable of controlling intricate economic operations. Tim discusses his book "The War on Cash" and notes that he could have underestimated technological advancements in crypto currencies. Nevertheless, He appreciates the enduring value of his book and emphasizes the preservation of mutual trust in society, arguing that such trust in corporations and states often poses challenges. He advises strengthening ties with local businesses and limiting dependency on credit cards and any form of central bank digital currencies, promoting the use of cash transactions. As an example of an uprising against the current system, he notices the increasing number of protesting farmers, reaffirming the relevancy of his book's fundamental message today. Time Stamp References:0:00 - Introduction0:37 - Argentina & Ecocide4:36 - Vandals & Philanthropaths7:12 - Western Suicidal Ideation11:49 - Conversations & Questions13:50 - Gov't Out of Education18:12 - Truth & Perspective22:29 - Davos & Javier Milei27:10 - Broken Window Fallacy30:09 - Debt Creation Math34:07 - Inflation is a Policy35:30 - Order of Collapse?39:48 - Inflation Comparisons42:27 - Keynesian Economics46:28 - Tim's Book - War On Cash50:22 - U.K. Postal Scandal53:08 - Clarkson's Small Farm55:21 - Worse Worsening57:05 - Wrap Up Talking Points From This Episode Tim Price criticizes global institutions and policies that affect farming and fishing, urging a deeper analysis of their impacts.
Jesse Felder: Gold is Anticipating the End of the Tightening Cycle
56:56Tom welcomes back, Jesse Felder, founder, editor, and publisher of The Felder Report. Jesse discusses various economic issues such as Federal Reserve decisions, inflation trends, and the changing dynamics of the commodities market. Felder insists that the optimism that inflation will return to a manageable 2% may be misplaced, as per substantial evidence pointing to an underlying, stronger inflation trend. Commodity markets feature prominently, with Felder noting a bullish trend spurred by a decade-long capital-starved situation. He identifies this lack of investment as a considerable constraint on supply, potentially leading to a price surge. Despite optimism regarding the Federal Reserve's potential for a soft landing, Felder acknowledges persistence of economic troubles, citing unprecedented tightening, record credit card delinquencies, and struggling corporate earnings. He argues that whether inflation remains high or a recession occurs, outcomes will likely be disappointing. He expresses concern over a rapidly swelling deficit and potential inadequate demand during a recession, necessitating Federal Reserve intervention, a situation he dubs a 'nightmare scenario'. The discussion also involves a reflection on monetary policy following the 2008 financial crisis. Jesse highlights a trend involving aging baby boomers remaining in the workforce longer and low-cost labor in China. This era of 0% interest rates and inexpensive financing necessitates a rethink of monetary cycles, including realizing that the neutral Fed rate could rise. The conversation points to the effect of relocating manufacturing to the U.S. and potential resulting inflation, issues on globalization, and focus shifts on defense and energy expenditures. As part of the focus on the green revolution, Felder identifies emerging economies as key drivers of oil and gas demand. Efforts to limit fossil fuel use and promote clean energy will lead to increased demand for commodities such as steel and copper. The shift to electric vehicles is mentioned, as well as the lack of charging infrastructure. On the topic of precious metals, Felder expresses a bullish stance on gold and silver. He views the possible termination of the Federal Reserve's interest rate hikes as a positive indication for gold. However, he warns of the potential impact of continuous quantitative tightening on the money markets, although he predicts eventual benefits for precious metals. Felder alerts to a prevalent recency bias in the market, speculating possible stagflation that could spike demand for precious metals. He suggests investors diversify across multiple areas, including physical gold and Sprott funds. Time Stamp References:0:00 - Introduction0:37 - Sticky Inflation & Wages3:16 - Fed Inflation Targets5:42 - Other Inflation Metrics7:30 - Commodity Demand & Oil11:35 - Soft Landing Chances?14:54 - Treasuries & Recession?21:36 - Rate Cuts & Expectations24:00 - Recency Bias & Low Rates29:10 - Manufacturing Lag-Time33:52 - Conflicts & Disruptions37:07 - Commodity Demand Drivers40:07 - Electrical Infrastructure43:33 - Precious Metals Thoughts47:17 - Sentiment & C.B. Faith50:10 - Fear Factors & Gold52:06 - Sprott ETFs & Miners55:16 - Wrap Up Talking Points From This Episode Jesse Felder warns of stronger underlying inflation trends, challenging optimism about a return to a manageable 2% inflation rate. Despite economic troubles and unprecedented tightening, shift towards stagflation could result in increased demand for precious metals like gold and silver. Felder identifies emerging economies as drivers for oil and gas, arguing that clean energy efforts could surge demand for commodities. Guest Links:Twitter: https://twitter.com/jessefelderWebsite: https://thefelderreport.com/Articles: https://thefelderreport.com/blog/ Jesse Felder is the Founder, Editor, and Publisher of The Felder Report. He began his professional career at Bear, Stearns & Co.