Leverage on Leverage on Leverage

Gold prices are soaring, private equity is unraveling, and data centers have become the next speculative frontier. Beneath all of it lies a simple question: what happens when faith in liquidity, stability, and infinite growth begins to fray? From central banks hoarding bullion to insurers gambling on AI infrastructure, the same story unfolds—risk disguised as resilience. And somewhere between coffee tariffs and capital flows, you can glimpse the new shape of a global economy learning to live without certainty.

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Timestamps:

(00:00) - Introduction

(01:03) - Catch-Up and Current Events

(02:09) - Gold Market Analysis

(08:40) - Global Currency Dynamics

(17:42) - US Gold Reserves and Fiscal Policy

(25:24) - Podcast Wrap-Up and Listener Engagement

(26:25) - Urgent Financial News: Private Equity and Insurance Capital

(27:57) - Private Equity's Desperation for Retail Investors

(28:33) - The Volatility Spiral and Liquidity Crisis

(31:43) - Private Equity's Leverage on Captive Insurance

(32:48) - The Data Center Investment Bubble

(41:23) - AI Demand and Data Center Overcapacity

(48:52) - The Future of Energy Prices and AI

(50:45) - Rising Coffee Prices and Tariff Impacts

(57:19) - The Global Trade System and Commodity Markets

(01:00:05) - Conclusion: The State of Global Markets

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Referenced in the Show:

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Jacob Shapiro Site: jacobshapiro.com

Jacob Shapiro LinkedIn: linkedin.com/in/jacob-l-s-a9337416

Jacob Twitter: x.com/JacobShap

Jacob Shapiro Substack: jashap.substack.com/subscribe

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The Jacob Shapiro Show is produced and edited by Audiographies LLC. More information at audiographies.com

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Jacob Shapiro is a speaker, consultant, author, and researcher covering global politics and affairs, economics, markets, technology, history, and culture. He speaks to audiences of all sizes around the world, helps global multinationals make strategic decisions about political risks and opportunities, and works directly with investors to grow and protect their assets in today’s volatile global environment. His insights help audiences across industries like finance, agriculture, and energy make sense of the world.

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This podcast uses the following third-party services for analysis:

Podtrac - https://analytics.podtrac.com/privacy-policy-gdrp