Raoul Pal: The Journey Man

Real Vision Podcast Network

The world is changing faster than ever before. This comes with life-changing opportunities but also unprecedented challenges. In The Journeyman, I talk to the greatest minds at the nexus of macro, crypto, and technology to figure out exactly what the Exponential Age means for us all. I uncover the big trends, potential investment opportunities, and economic risks and rewards, and ask the big questions on how this impacts us, our businesses, and our societies. Brought to you by Real Vision.

  1. 4 days ago

    Why The Next Phase of Crypto Is Bigger Than You Think w/ Blue Macellari

    Raoul Pal welcomes Blue Macellari, head of digital assets at T. Rowe Price, to explore why crypto has struggled despite improving fundamentals, and how AI, stablecoins, tokenization, and institutional adoption could reshape the financial system. They also discuss the risks around AI, crypto infrastructure, and what needs to change for on-chain finance to reach mainstream adoption. Recorded August 10, 2026. Today’s sponsor is Plus500 US. Take your trading to the next level with cross-market contracts, from precious metals to key indices, and more. Whether you’re a seasoned trader in the Futures arena or brand new, Plus500’s user-friendly trading platform offers you the advanced tools, market insights, and quick execution you’ve been looking for. Get started with Plus500 for as little as $100 at https://us.plus500.com. Trading in futures involves the risk of loss. Timestamps: 00:00 - Why Institutional Crypto Adoption Is Accelerating 02:20 - Blue Macellari’s Journey From Wall Street to Crypto 05:09 - Building a Crypto Fund Through Market Neutral Trading 07:07 - Building T. Rowe Price’s Digital Assets Business 11:35 - What Traditional Finance Learned From the Crypto Crisis 14:35 - Why Crypto Markets Have Struggled Despite Better Fundamentals 18:10 - AI vs Crypto: Where Is the Capital Going? 21:05 - Tokenization, Stablecoins, and the Future of On-Chain Finance 23:36 - Crypto’s Biggest Barrier to Mainstream Adoption 27:26 - Why Blockchain Identity Matters in the Age of AI 30:16 - The Risks of AI, AGI, and the Intelligence Explosion 39:51 - Where Blue Sees Opportunity in Crypto Now 43:15 - Hyperliquid, Perps, and TradFi’s Growing Interest in Crypto 46:40 - How Tokenization Could Transform Asset Management 49:32 - The Hidden Risks of Tokenizing Illiquid Assets 54:07 - Why Institutions Are Finally Embracing Tokenization 56:05 - Stablecoins and the Future of Global Payments 01:01:22 - Will Liquidity Finally Return to Crypto? 🔥 *Download Raoul Pal's 4-year investing roadmap for free:* https://rvtv.io/41fVHWF Learn more about your ad choices. Visit podcastchoices.com/adchoices

  2. 6 Aug

    Why Markets Could Be Ready To Move | With Julien Bittel

    Raoul Pal and GMI Head of Macro Research Julien Bittel are back with another unlocked episode of Shooting the Shit. In this conversation, Raoul and Julien break down where we are in the business cycle, why the yield curve may be the key macro signal to watch, and how liquidity, the dollar, gold, oil, and crypto are shaping the path forward. They also discuss why markets feel stuck in a choppy accumulation phase, what their indicators are suggesting about the second half of the year, and where they’re starting to spot new opportunities across crypto, technology, AI, space, and emerging markets. Recorded on July 27, 2026 Today’s sponsor is Plus500 US. Take your trading to the next level with cross-market contracts, from precious metals to key indices, and more. Whether you’re a seasoned trader in the Futures arena or brand new, Plus500’s user-friendly trading platform offers you the advanced tools, market insights, and quick execution you’ve been looking for. Get started with Plus500 for as little as $100 at ⁠https://us.plus500.com⁠. Trading in futures involves the risk of loss. 🔥 *Download Raoul Pal's 4-year investing roadmap for free:* https://rvtv.io/41fVHWF Timestamps: 00:00 - Welcome to Raoul Pal The Journey Man 02:17 - Gold, the Yield Curve, and Why H2 Could Change Everything 06:04 - The Bull Steepener That Could Unlock the Next Rally 08:46 - Why Inflation Is No Longer the Fed's Biggest Problem 11:04 - Bitcoin's Technical Setup Looks Increasingly Bullish 13:03 - Solana, Stablecoins, and Crypto's Quiet Strength 16:25 - Liquidity, the Nasdaq, and What's Holding Markets Back 19:13 - Why Crypto Is Waiting for the Next Liquidity Wave 22:08 - Iran, Oil, and the Biggest Macro Risk Right Now 26:18 - The Dollar, Gold, and the Signals That Matter Most 30:49 - Trump, AI, and Why the Business Cycle Keeps Extending 33:15 - Where Raoul and Julien Are Looking to Add Risk 34:38 - Final Thoughts: What We're Watching Next Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ratings & Reviews

5
out of 5
12 Ratings

About

The world is changing faster than ever before. This comes with life-changing opportunities but also unprecedented challenges. In The Journeyman, I talk to the greatest minds at the nexus of macro, crypto, and technology to figure out exactly what the Exponential Age means for us all. I uncover the big trends, potential investment opportunities, and economic risks and rewards, and ask the big questions on how this impacts us, our businesses, and our societies. Brought to you by Real Vision.

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