Palisades Gold Radio Collin Kettell

Tom Bodrovics welcomes back John Rubino, a former Wall Street financial analyst and author, to discuss the current bull market in gold. Rubino asserts that gold's intrinsic value is significantly higher than its present price, which could reach $5,000 to $10,000 per ounce based on historical analysis. He also posits that a potential collapse of the financial system due to debt could lead to a return to a gold-backed currency or a currency reset.







They explore the implications of inflation and currency devaluation on various assets including stocks, real estate, bonds, and gold. John argues that adjusting investment numbers for inflation offers a different perspective on asset value over time. He warns about potential risks in the financial system, such as a commercial real estate crash or an equities bear market. He also discusses the deficit in the silver market, which could result in significant price spikes and potential defaults on futures contracts.







Despite uncertainty, John suggests investment strategies for investing in real assets like gold and silver. Investors should consider gold as a long-term investment and focus on positive goals during uncertain times to build capital for future challenges. Gold is currently seen as a store of value, but demand for it is minimal but starting to rise. Once gold breaks through resistance and support levels, it could lead to a significant run in the market.







Time Stamp References:0:00 - Introduction0:45 - Gold Market Developments4:10 - Gold Backing & Debt8:15 - Who Will Buy US Bonds?12:45 - Inflation Outlook17:28 - Asset Valuations22 :38 - Gold Drivers & Geopolitics27:26 - Next Financial Crisis?33:10 - Silver & Supply Issues38:10 - Silver Industrial Demand42:38 - Investment Demand & FOMO47:35 - Wrap Up







Talking Points From This Episode









* Gold's potential value increase, reaching $5,000-$10,000 per ounce based on historical analysis.







* Risks of financial panic, potential scenarios like commercial real estate crash or equities bear market.







* Investment strategies proposed to protect against times of crises.









Guest LinksSubstack: https://rubino.substack.comBooks: https://tinyurl.com/5buyvy6v







John Rubino is a former Wall Street financial analyst and author or co-author of five books, including The Money Bubble: What To Do Before It Pops. He founded the popular financial website DollarCollapse.com in 2004 and sold it in 2022, and now publishes on Substack.

Tom welcomes back Ravi Sood to the show to discuss the many changes in the economy and mining industry. Ravi touches upon various topics related to the global financial system, gold prices, and the impact of the 2007-2008 financial crisis. He discusses the lack of significant changes in the financial system since the 1970s and the potential role of Bitcoin in challenging traditional monetary systems. He also highlights the uncertainty and potential risks in the current economic situation due to the pandemic and other factors. The conversation also delves into the importance of investing in physical commodities like gold and other minerals, as well as the role of technology in driving demand for these resources.







Furthermore, they explore the effects of a strong US dollar on the economy and suggests alternative policies to improve trade balance. The discussion also covers the challenges in regulating cryptocurrencies and the potential impact of CBDCs. The gold market is analyzed, with the author noting signs of optimism amidst a perceived bubble, and the mining industry's financial issues are also discussed, along with the interest in renewable energy transition and the cyclical nature of commodities business.







Throughout the interview, Ravi emphasizes the need for a better understanding of the financial system and the importance of making informed decisions based on current economic conditions and potential future changes.







Time Stamp References:0:00 - Introduction3:30 - Gold, Bias & Sound Money10:17 - Global Can Kicking17:42 - A No Win Scenario?20:00 - US Commodity Demand22:28 - Feds Levers & Control Risk26:44 - Bitcoin, Banks, & ETFs33:50 - Commercial Banks & Economy36:05 - Unhedged Mining44:52 - Gold Highs & Reality49:05 - Mining Industry Health56:17 - Energy & GDP Correlation59:00 - 3 Phases of New Energy1:02:20 - Green Energy Storage1:05:04 - Commodities & Capital1:07:18 - Wrap Up







Talking Points From This Episode









* The financial system has not seen a major shift since the 1970s, with concerns about sustainability of the existing monetary systems.







* Physical commodities like gold and other minerals could help the United States address economic challenges by creating jobs and reducing reliance on foreign currency.







* The gold market exhibits signs of optimism for an eventual end to its current bubble, with factors such as increased production and lower interest rates affecting its future.









Guest Links:Website: https://golcondagold.comWebsite: https://evrec.energy







Ravi Sood is Chairman of Golconda Gold and an experienced financier focused on emerging markets. Mr. Sood was the founder and former CEO of Navina Asset Management, a Toronto-based investment firm that was acquired by a major financial institution. Mr. Sood also serves as a director of several companies including Blockchain Power Trust, Feronia Inc., and Eve & Co. Previously Mr. Sood was a director of ICC Labs (acquired) and Elgin Mining (acquired).







Ravi Sood has a bachelor's degree in Mathematics from the University of Waterloo.

This is a rebroadcast of our April 10 Twitter Spaces focusing on the recent metal moves, the metals industry, and overall investor sentiment. Bob Coleman and Vince Lanci discuss the effects of big players in the markets and how investor sentiment remains cautious. Jim discusses why margin requirements have to be adjusted during periods of volatility. Vince and Bob discusses at length the various big players in the market and how they influence it along with their general strategies. Lastly, Bob discusses the role of ETF's and the current premiums on physical metals.







Note: Unfortunately, the last hour of this spaces was not recorded properly.







Bob Coleman - Idaho Armored VaultTwitter: https://twitter.com/profitsplusidWebsite: https://www.goldsilvervault.com/







Vince LanciSpecial Discount: https://vblgoldfix.substack.com/TomPalisadesWebsite: https://vblgoldfix.substack.com/Twitter: https://twitter.com/SorenthekZeroHedge: https://tinyurl.com/3x72ndfcLinkedIn: https://www.linkedin.com/in/vincentlanci/Boobs & Bullion: https://twitter.com/boobsbullion







Jim Hunter - Registered Commodity Broker with AllendaleTwitter: https://twitter.com/JimSuncomm1Website: https://allendale-inc.com

Tom welcomes back Simon Hunt to the show. They discuss various economic and geopolitical issues shaping the global landscape. Topics range from potential conflicts and their impact on markets to the shift towards physical assets and a gold-backed monetary system. Simon touches upon underreported inflation, economic instability in America, China's role in reshaping the global economy, potential crisis scenarios, and the importance of diplomacy versus war.







Simon is concerned about the risk of conflicts escalating, with Russia as a key player, and the emergence of gold-backed currencies to counteract perceived vulnerabilities in fiat currencies. Additionally, they discuss the significance of rising interest rates, potential crises, and implications for U.S. elections and global geopolitical outcomes. Throughout, Simon encourages caution and emphasizes the importance of understanding the underlying economic trends and geopolitical dynamics.







Time Stamp References:0:00 - Introduction0:46 - The World & War5:38 - Equity Complacency7:02 - Russia & Syria9:17 - Economic Catalysts14:32 - Serious Correction18:18 - Leveraged Bank System19:24 - Capital Shifts & China22:57 - Gold Backed Currency29:26 - Dollar & Rates30:53 - Chinese Demographics33:50 - China's Manufacturing37:40 - Nuclear Energy39:31 - China Debt42:32 - Chasing Rainbows44:30 - Europe In Recession48:15 - Inflation Issues52:25 - Expect More Unknowns53:35 - Wrap Up







Talking Points From This Episode









* Geopolitical tensions could lead to significant market shocks in equity and base metal markets before mid-year due to underreported inflation and weak economic activity.







* Shift towards gold-backed currencies is inevitable as countries seek alternatives to perceived vulnerabilities in fiat currencies, with China and Russia likely taking a leading role.







* Diplomacy could prevent war, but tensions between the US and countries like Russia suggest that war may be an outcome if Washington continues to support the dollar at the expense of its treasury market.









Guest Links:Email: simon@shss.comWebsite: https://simon-hunt.com/







Simon Hunt began his career in 1956 in Central Africa as a PA to the Chairman of Rhodesian Selection Trust, one of the two large copper companies in what was then Northern Rhodesia, now Zambia.







In 1961, he came back to London and joined Anglo American Corporation of South Africa as a PA to one of the Board Directors, followed by being part of a small sales and marketing team for copper. From there, he helped start up a new copper development organization, CIDEC, financed by copper producers, which he then joined, focusing on conducting end-use studies of copper in Europe.







He then went into the City to gain financial experience and founded Brook Hunt in 1975. He was instrumental in setting up the company's cost studies and end-use analyses. Simon appeared as material witness and consultant in two ITC anti-dumping cases in 1978 and 1984, winning both at the commission level.







He has spent 2-4 months every year in China since 1993, and until a few years ago would be visiting some 80 wire and cable and brass mill factories across the country every year. He now restricts these factory visits to a smaller number, all of which he has known for many years. Simon also spends many weeks each year traveling around Asia.







The focus of the company's services is on the global economy, including the changing geopolitical and financial structures, China's economy and its copper sector, and then the global copper industry as each part is interconnected.

Tom welcomes back Tony Greer from the Morning Navigator to delve into the various market trends and investment strategies. Greer, who is bullish on gold, S&P, industrial miners, and uranium, while bearish on bonds, shares his perspective on the current economic climate. He references the volatile year of 1994, when the Federal Reserve raised interest rates to combat inflation, and believes that if similar circumstances arise again, the Fed will respond with rate cuts, leading to a bullish stock market environment. The commodity sector, particularly natural resources and housing, has seen a significant shift from tech markets, which remain mixed or flat. Greer attributes this trend to potential geopolitical tensions and increasing ISM manufacturing figures, possibly pointing towards the early stages of a World War III scenario.







Greer discusses his bullish stance on gold due to central bank buying and physical demand. While some may view the recent gold rally as a head fake, he remains committed to the precious metal. He believes that declining total gold ETF holdings could indicate less speculation and increased interest in physical gold ownership. The speakers also touch upon the potential implications of increasing national debt on the US dollar and the possibility that fiat currencies, including the US dollar, will decline against gold. They ponder if the current trends in oil, copper, and other commodities represent a cyclical shift from underinvestment to materials necessary for economic growth.







Throughout their discussion, they emphasize the importance of staying informed about market changes and adjusting investment strategies accordingly. Greer suggests repositioning portfolios towards natural resources and industrial sectors, despite slower growth compared to tech stocks, as these markets may have more significant impacts with smaller amounts of capital. The conversation highlights potential long-term consequences of current economic trends, including national debt levels and the role of gold as a safe-haven asset.







Timestamp References:0:00 - Introduction0:40 - Bullish Stocks & Gold9:23 - Fed Games & Inflation15:12 - Gold Rally & Disorder17:15 - Gold Vs. Silver18:12 - Metals & Frustration20:30 - Capital Rotation23:17 - Gold ETF Declines24:42 - Metal Investing26:20 - The WHO Quagmire28:44 - Confidence in Media30:18 - Exponential Debt31:49 - Oil & Copper Cycles33:52 - Peak Frustration36:40 - Uranium Fundamentals39:13 - Time to Pay Attention42:30 - Wrap Up







Talking Points From This Episode









* Tony is bullish on both gold, miners and the S&P 500.







* Declining Gold ETF Holdings could signal a shift from paper to physical.







* Tony discusses the importance of paying careful attention to your portfolio this year.









Guest Links:Substack: https://tgmacro.substack.com/Twitter: https://twitter.com/tgmacroWebsite: https://tgmacro.com/E-Mail: tony@tgmacro.com







After graduating from Cornell University in 1990 Tony followed in his father’s footsteps to a Wall Street trading operation. He quickly learned his career path would be vastly different. He says, "I would not be sitting in the same seat on the same trading desk managing the same risk for the same firm for over 30 years."







We have clearly entered a new era in financial markets.







He began in the treasury department of Sumitomo Bank on the 107th floor of the World Trade Center downtown Manhattan. Tony was an FX trading assistant while the Quantum Fund was breaking the Bank of England in 199...

Tom welcomes back David Brady to discuss future market movements based on Fed decisions and current geopolitics. David suggests that investors should invest in physical silver and gold as a hedge against inflation, stock market crashes, and cyber attacks. He believes that the pullback from recent highs will be shallow but may require a big event to drive it. David mentions that some people are suggesting $100 silver is a slam dunk and that high beta miners are going to go through the stratosphere. David emphasizes that investing in these assets can be expensive, so people should pick an amount they feel comfortable with and buy as much as possible.







This episode also highlights the current equity market trends and how gold and silver are performing. David explains that the recent increase in the price of gold and silver is not due to a specific event but rather a collective reaction to the loss of confidence in the economy. He suggests that the price of gold and silver may continue to rise, as more people seek safety in these assets during times of uncertainty.







The interview also touches on the potential impact of the 2020 US presidential election on the value of gold and silver. David believes that the current economic and political environment may lead to a stock market crash and a subsequent decline in the value of assets like gold and silver, which would benefit their investors. However, he also mentions other potential risks facing the economy, such as the banking system, wars, and the loss of confidence in government institutions.







David believes that investors have good reason to be bullish on the current precious metal market conditions and expects continued growth in the coming years. However, he also acknowledges the potential risks facing the economy and the political landscape, which could lead to a significant decline in the broader equity markets.







Time Stamp References:0:00 - Introduction0:53 - Gold Train All Aboard?5:06 - Rate Cuts & Dollar10:19 - Demand & Confidence12:40 - COT Data & Metrics19:22 - Stock Market Thoughts24:12 - Silver Vs. Gold?29:12 - Portfolio Positioning34:48 - Valuations & Silver39:42 - Confiscation & The East43:00 - Housing & Employment45:10 - Gloom, Doom, & Popcorn50:28 - Wrap Up







Talking Points From This Episode









* The recent increase in gold and silver prices is likely driven by a collective reaction to economic uncertainty, not a specific event.







* Investing in physical silver and gold can provide a hedge against inflation, stock market crashes, and other black swan events.







* A pullback from recent highs may be shallow but requires a big event to drive it.









Substack: https://fipestreport.substack.com/Fund Website: https://4779Capital.comTwitter: https://twitter.com/globalprotraderSprott Money: https://www.sprottmoney.com/writers







David Brady has managed money for banks and businesses for 25 years. Mr. Brady is a CFA charter holder and holds a bachelor's degree in Business Studies and Financial Markets from Dublin City University. He started as a foreign currency trader in USD/DEM and managed multi-billion dollar bond and foreign exchange portfolios for multinationals such as eBay and Salesforce.







He has always been interested in financial markets, winning investment competitions at the age of 15. Scoring the highest grade for his graduate thesis, "Is the ERM (Exchange Rate Mechanism) Fatally Flawed," in 1993, and won foreign currency spot, forward,