Competent Man Podcast

Tom Bodrovics

This isn’t just another podcast—it’s a movement for thinkers, doers, and anyone ready to step up and become the best version of themselves, one skill at a time. Bringing you a wide range of content so come with an open mind and a sense of adventure!

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  1. 11 UUR GELEDEN

    Alasdair Macleod: Silver Shortage 🚨Alert🚨China’s Export Ban, Hoarding, is Squeezing Inventory

    Your host Tom Bodrovics and Alasdair Macleod, Head of Research for GoldMoney and author of the Macleod Finance Substack, discuss the significant financial stresses exacerbated by the ongoing war and pre-existing economic issues. Macleod highlights that government finances, particularly in G7 economies, are heavily reliant on deficit spending, creating an unsustainable situation. He also notes that the value of commodities priced in gold has fallen to unusually low levels, indicating an underlying bull market in commodities, which includes oil and other energy sources. The war in the Persian Gulf has accelerated the rise in commodity prices, leading to significant inflationary pressures and potential bond market stress. The US, with a massive debt overhang and short-term debt maturities, faces a challenging situation. Macleod emphasizes that the Fed, driven by political pressures, will likely intervene to prevent an economic slump, potentially leading to a rapid devaluation of the dollar. He compares the current situation to the 1970s UK, where high bond yields and inflation led to economic turmoil. Macleod also discusses the potential for Japan and China to sell US Treasuries due to their energy dependence and geopolitical tensions, further complicating the US Treasury market. The conversation touches on the petro-dollar system, with Macleod suggesting a transition to a petro-yuan system as China and other countries move away from the dollar. Regarding gold and silver, Macleod noted that China’s recent changes in silver exports and imports have significantly impacted global markets, with China now focusing on stockpiling silver for its own industrial needs. He predicted that rising bond yields and inflation will ultimately drive the collapse of fiat currencies, making gold and silver attractive as stores of value. Timestamps:00:00:00 – Introduction00:00:45 – Pre-War Financial Stresses00:04:33 – US Debt Rollover Challenges00:08:03 – Fed’s Political Dilemma00:11:01 – Lessons from German Hyperinflation00:13:30 – GDP as Misleading Metric00:17:46 – Japan China Treasury Sales00:24:15 – Petro Dollar Yuan Transition00:33:35 – Gold Silver Market Dynamics00:40:45 – Catalysts for Metals Surge00:44:02 – Concluding Thoughts Guest Links:X: https://x.com/MacleodFinanceSubstack: https://substack.com/@macleodfinanceWebsite:: https://goldmoney.comResearch: https://www.goldmoney.com/research/ Alasdair Macleod is Head of Research for GoldMoney. He is an educator and advocates for sound money thru demystifying finance and economics. His background includes being a stockbroker, banker, and economist. Alasdair started his career as a stockbroker in 1970 on the London Stock Exchange. Within nine years, he had risen to become senior partner of his firm. Subsequently, he held positions at the director level in investment management and worked as a mutual fund manager. Mr. Macleod also worked at a bank in Guernsey as an executive director. For most of his 40 years in the finance industry, he has been demystifying macro-economic events for his investing clients. The accumulation of this experience has convinced him that unsound monetary policies are the most destructive weapon governments use against the common man. Accordingly, his mission is to educate and inform the public in layman’s terms what governments do with money and how to protect themselves from the consequences.

    46 min.
  2. 16 APR

    Rory Johnston: 13 Million Barrels Per Day Missing, Why Aren’t Markets Reacting?

    Tom Bodrovics welcomes Rory Johnston, a commodity market researcher specializing in oil and gas, to discuss the current state of the global energy market. Johnston highlights the unprecedented situation where OPEC+ output reached an all-time low last month, and the significant impact of the closure of the Strait of Hormuz on global oil supplies. Johnston notes that over 90 Very Large Crude Carriers (VLCCs) are headed to the US Gulf Coast to pick up crude, a situation that has gained attention, including from former President Trump. This influx of tankers is due to the Middle East being functionally offline and China banning the export of refined products, making the US and Canada the most energy-secure areas. Johnston explains that the current market dynamics are driven by a significant backwardation in the futures market, where the price of oil for immediate delivery is much higher than for future delivery. This is due to the acute shortages in areas that previously relied on Middle Eastern fuel, leading to a scramble for available supplies. He emphasizes that the market is not creating new oil but rather shuffling existing supplies to areas willing to pay more. The discussion also touches on the potential for the US to supply the global shortfall and the implications of tapping into the Strategic Petroleum Reserve (SPR). Johnston believes that some of the SPR releases will likely be exported, given the high demand and the need to balance global supplies. He also notes the potential for resource nationalism and the political considerations that could influence oil trade policies. Johnston warns that if the Strait of Hormuz remains closed, the global oil market could face severe shortages, leading to significant price increases and potential demand destruction. He highlights the importance of understanding the physical market dynamics versus the futures market, which often moves much faster. The interview concludes with Johnston emphasizing the need to follow the crisis closely, as the physical impact on the oil market will continue to worsen as long as Hormuz remains closed. Timestamps:00:00:00 – Introduction00:01:16 – Viral Tanker Tweet/Trump00:03:31 – US Supply Shortfall00:06:47 – Sustaining Output Levels00:08:15 – Market Reaction Weirdness00:09:07 – Backwardation Explained00:11:45 – Pre-War Oversupply Context00:18:24 – Physical Market Lags00:21:00 – Hormuz Blockade Impact00:24:30 – Iran’s Negotiation Strategy00:28:34 – China, Chokepoints, & Russia00:38:06 – LPG and Product Shortages00:44:53 – Demand Destruction Risks00:50:05 – Price Shocks & Inelastic Markets Guest Links:Substack: https://www.commoditycontext.com/X: https://x.com/Rory_Johnston Rory Johnston is a Toronto-based oil market researcher, the founder of Commodity Context, a lecturer at the University of Toronto’s Munk School of Global Affairs and Public Policy, host of the Oil Ground Up podcast, as well as a Fellow with both the Canadian Global Affairs Institute and the Payne Institute for Public Policy at the Colorado School of Mines. He is a leading voice on oil market analysis, advising institutional investors, global policy makers, and corporate decision makers. His views are regularly quoted in major international media including the Financial Times, New York Times, Wall Street Journal, Bloomberg News, Reuters, BNN Bloomberg, CBC, and Financial Post, and he frequently appears on numerous market and industry podcasts (e.g., Bloomberg’s Odd Lots, Hidden Forces, etc.). Prior to founding Commodity Context, Rory led commodity economics research at Scotiabank where he set the bank’s energy and metals price forecasts, advised the bank’s executives and clients, and sat on the bank’s senior credit committee for commodity-exposed sectors.

    55 min.
  3. 14 APR

    London Paul: Energy Shocks, Silver Crisis, Food Shortages & Financial Collapse Ahead

    Tom Bodrovics welcomes back London Paul, publisher of ‘The Sirius Report,’ together they delve into the complexities and implications of the ongoing war, focusing on the missteps and strategic failures of the U.S. and its allies. Paul critiques the initial decision to assassinate Iran’s Supreme Leader, Ali Kamehni, arguing that it was a strategic blunder that galvanized Iranian resistance rather than ending the conflict. He highlights the U.S.’s underestimation of Iran’s capabilities, both defensively and offensively, and the failure to achieve stated objectives such as regime change, destruction of nuclear facilities, and control over strategic waterways like the Strait of Hormuz. The discussion touches on the U.S.’s desperate search for an “off-ramp” to exit the war without appearing defeated, particularly in light of upcoming midterm elections. Paul noted that the U.S. has failed to achieve any of its stated objectives and is now scrambling to find a way to declare victory. Paul also discusses the broader geopolitical implications, including the strengthening of the IRGC, Iran’s control over the Strait of Hormuz, and the potential for a prolonged conflict that could have catastrophic global consequences. Economically, Paul warns of the potential for severe energy shortages and food disruptions, which could lead to hyperinflation and social unrest. He emphasizes the need for coordinated global action to mitigate these risks and prevent a prolonged conflict that could destabilize the entire Middle East and beyond. The conversation also touches on the potential for a silver shortage and the impact on precious metals markets, given silver’s critical role in industrial applications and its potential as a monetary metal. Paul advises listeners to be cautious of misinformation and to prepare for potential disruptions in energy and food supplies. He also highlights the broader geopolitical shifts, including the potential decline of U.S. influence in the Middle East and the strengthening of Iran’s regional power. Timestamps:00:00:00 – Introduction00:00:20 – Current War Summary00:03:17 – US Objectives Failures00:05:58 – Iranian Military Capabilities00:07:32 – US Off-Ramp Challenges00:10:30 – Failed Uranium Seizure00:13:25 – Peace Talks Breakdown00:16:00 – Regime Change Goals00:22:42 – Energy Impacts China00:29:13 – Global Oil Supplies00:35:45 – Supply Chain Disruptions00:42:36 – Silver Market Dynamics00:53:01 – Financial System Risks01:03:20 – US-Iran Historical Context01:09:10 – Wrap Up Guest Links:X: https://x.com/thesiriusreportWebsite: https://www.thesiriusreport.com/YouTube: https://www.youtube.com/@thesiriusreport The Sirius Report is an independent website providing analysis and an alternative perspective on current affairs and global events that we believe are shaping a new political, economic and social paradigm. We are fully self-funded and are not backed by any third-party corporation, organization, or individual. The site is run by ‘London Paul’ and his partner Lisa, who is the site administrator. ‘London Paul’ is a pseudonym that was first coined by long-time friend and fellow commentator Jim Willie. For privacy reasons, Paul prefers not to be known by his real name. He also feels that the primary focus should be on his work rather than on his identity. Paul has a long track record of accurate predictions and analyses on geopolitical and economic affairs. Originally a physicist, he was awarded a Ph.D. in biomolecular physics, after which he spent some time working in academia. He then went on to work in the financial services sector and worked in some major banks until the financial crisis of 2008, when he left the banking sector to work in the precious metals sector. In addition to his vast understanding of economics and precious metals (a friend of his once jokingly said that ‘Paul is the only person I know who really understands derivatives’), he has also always had a keen interest in geopolitics. Through years of diligent research and conversations with certain key insiders, he has been able to gain a unique understanding of a geopolitical shift towards a multipolar paradigm that is now shaping the world in the 21st century. Paul is not motivated by party politics and does not adhere to any particular political, religious or other movement. He likes a common-sense approach to everything and sees it as his responsibility to deliver completely objective, unbiased, and no-nonsense analysis, even if that means going against popular opinion.

    1 u 16 m
  4. 9 APR

    Simon Hunt: This Peace Plan isn’t Acceptable to Trump and isn’t Durable

    Tom welcomes back Simon Hunt to the the show. Simon is a consultant on the global economy, China, and the copper industry. He discusses the geopolitical implications of a ceasefire between the U.S. and Iran, and its potential impact on the global economy. The ceasefire, Hunt argues, is unlikely to be durable due to the unacceptable terms proposed by Iran, which include control over the Strait of Hormuz and the withdrawal of U.S. forces from the region. Hunt suggests that the U.S.’s motivation for the conflict is to support its donors and to control energy prices, thereby controlling the world.   However, Iran’s resilience and backing from China and Russia make it a formidable opponent. The potential economic consequences of a durable ceasefire include rising inflation, increased ten-year yields, and market volatility. Hunt predicts that Europe is poised to enter a recession, while China and Russia may emerge stronger due to their strategic planning and resource reserves. The conflict also highlights the intensifying rivalry between the U.S. and China, with copper being a key battleground. Hunt suggests that the global economy is entering a period of uncertainty, with resource nationalism and geopolitical tensions likely to intensify. Hunt also discusses the potential for an inflation-led recovery or recession, the role of gold as a secure asset, and the importance of monitoring capital flows and political changes in the Gulf region. He notes that the conflict has exposed the U.S.’s lack of diplomatic skills and reliance on threats of brute force. Timestamps:00:00:00 – Introduction00:01:21 – Assessing Ceasefire Durability00:03:13 – Iran’s Ceasefire Demands00:07:23 – Trump’s Attack Motivations00:11:49 – Global Recession Prospects00:15:14 – BRICS Alliance Support00:17:17 – Rising Resource Nationalism00:22:30 – Multipolar World Conflicts00:26:00 – US Diplomacy Failures00:32:34 – Copper Market Forecast00:34:25 – Supply Demand Dynamics00:40:20 – Gold Safe Haven Role00:43:00 – Concluding Thoughts Guest Links:E-Mail: mailto:simon@shss.comWebsite: https://simon-hunt.com/Report: https://www.theinstitutionalstrategist.com/products-and-services/frontline-china/ 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. Simon is the author of the “Frontline China Report Service,” which is marketed by the TIS Group. The Service provides regular reports on China’s economy, politics, and financial outlook. Simon established this company in January 1996.

    44 min.
  5. 8 APR

    Jaime Carrasco: Gold Wins No Matter What in the Coming Monetary Reset

    Tom Bodrovics welcomes back Jaime Carrasco, Senior Portfolio Manager and Senior Investment Advisor at Harbourfront Wealth Management, to discuss the geopolitical and economic landscape in light of the escalating tensions with Iran. Carrasco emphasizes the importance of being defensively positioned in the markets amidst such uncertainty. He highlights the long-term shift away from the US dollar as the global reserve currency, drawing parallels to historical events like the Russian Revolution. Carrasco argues that regardless of the outcome of the conflict, gold will be a winner due to the need for infrastructure rebuilding and the potential for inflationary pressures. Jaime stresses the significance of holding physical gold and investing in gold producers as a hedge against economic instability. He notes that the current geopolitical situation is redrawing the monetary map and signals a loss of trust in the US dollar. He advises clients to have a significant portion (up to 30%) of their net worth in physical gold and gold producers, citing the potential for a monetary reset and the destruction of fiat currencies. He also discusses the impact of rising interest rates and the potential for a credit derivative swap crisis, drawing parallels to the 2008 financial crisis. Carrasco expresses concern about the economic and human costs of the conflict but sees opportunities in sectors like energy, pipelines, and utilities. He believes that the current situation is accelerating a transition to a sound money system and that gold will be a key component of any future monetary reset. Carrasco also touches on the social and political implications of the conflict, emphasizing the importance of empathy and understanding in rebuilding societies. Timestamps:00:00:00 – Introduction00:01:04 – Geopolitical Market Impact00:03:26 – Monetary System Acceleration00:07:47 – Producer Earnings Opportunities00:08:49 – 30% Producers Allocation00:10:28 – Gold Repatriation Trends00:15:13 – Energy Geopolitics Shifts00:18:31 – Gold as Debt Hedge00:26:09 – Private Credit Bubble00:29:20 – Fed Paths Forward?00:31:42 – Debt Reset Timeline?00:34:40 – Canada & Gold Holdings00:38:43 – Gold Price Volatility00:41:56 – Geopolitical Iran Outcomes00:49:20 – Optimism & Path Forward Guest Links:X: https://x.com/ijcarrascoLinkedIn: https://www.linkedin.com/in/carrasco1/Website: https://www.harbourfrontwealth.comE-Mail: mailto:jaime@jcwealth.ca Jaime Carrasco is Senior Portfolio Manager & Senior Investment Advisor at Harbourfront Wealth Management. From 2014-2018 he worked as Director of Wealth Management and Associate Portfolio Manager for ScotiaMcLeod. Before this, he worked for Macquarie Group, CIBC Wood Gundy, BMO Nesbitt Burns, Gordon Capital, and Merrill Lynch. Jaime is a leading Canadian investment professional with 25 years of experience providing wealth management and investment counsel to affluent families, businesses, and institutions. He has garnered a reputation for questioning and challenging the status quo and exploring the most innovative investment strategies. Jaime, whose mother tongue is Spanish, also speaks Italian and French. He completed a BA in political science and economics at the University of Toronto in 1988. While a student, he worked for CS Yacht, a company that built luxury sailboats, thus spending his summers as a skipper for the Canadian establishment members. Jaime credits this experience and having survived sailing through Hurricane Bob in 1991. This experience taught him lessons that have become a metaphor for his financial investment strategies. “Like one’s financial wealth, sailing is not about controlling the wind, but rather about adjusting the sails.”

    56 min.
  6. 3 APR

    Rick Rule: What I’m Buying When Commodities Go On Sale

    Tom Bodrovics welcomes Rick Rule to the show. Rick Rule is a legendary Investor, Speculator, Founder and CEO of Rule Investment Media. Rule discusses several critical economic and investment insights, focusing on potential risks and opportunities in the current global landscape. Rick emphasizes the potential for a liquidity squeeze and credit crisis, advising investors to maintain liquidity and be prepared for potential market downturns. He highlights the ongoing trend of resource nationalism and geopolitical tensions, which are reshaping global energy and commodity markets. Specifically, he sees significant opportunities in uranium and nuclear energy, noting that countries like Japan are rapidly reconsidering nuclear power as a reliable, low-carbon energy source. Regarding investment strategies, Rule critiques retail investors’ common mistakes, including insufficient research, following outdated recommendations, and lacking patience with long-term investment theses. He advocates for thorough due diligence, understanding company valuations, and being psychologically prepared for market volatility. Rule is particularly critical of proposed wealth taxes, arguing that such policies punish productivity and would not meaningfully address government debt. He points out that the top 1% of taxpayers already pay 42% of applicable taxes and that confiscating billionaires’ wealth would only fund government spending for a few years. In the resources sector, Rule sees potential for significant mergers and acquisitions in the next five years, particularly in gold equities. He recommends companies like Cameco in the nuclear sector and suggests investors focus on strategic, well-managed companies with clear investment theses. Rule also warns about risks in high-yield ETFs, describing potential credit contagion scenarios that could create significant market disruptions. Timestamps:00:00:00 – Introduction00:00:39 – War Risks and Recession00:03:37 – Resource Nationalism Trends00:05:57 – Energy Pricing Acceleration00:06:59 – Uranium Business Opportunities00:08:09 – Liquidity and Banking Risks00:13:24 – High Yield ETF Dangers00:18:02 – Wealth Tax Critique00:22:04 – North American Energy Position00:24:50 – Silver to Miners Shift00:31:06 – Common Investor Mistakes00:38:38 – Current Buys and M&A00:42:55 – Nuclear Power Thesis00:50:54 – Resource Nationalism Envy00:54:17 – Concluding Thoughts Guest Links:X: https://x.com/@realrickruleWebsite: https://ruleinvestmentmedia.comYouTube: https://www.youtube.com/@RuleInvestmentMediaClassroom: https://ruleclassroom.comBattle Bank: https://battlebank.com Rick Rule has dedicated his entire adult life to many aspects of natural resources securities investing. Besides the knowledge and experience gained in a long and focused career, he has a global network of contacts in the natural resources and finance sectors. Mr. Rule is a frequent speaker at industry conferences and is regularly interviewed for radio, television, print, and online media outlets concerning natural resources investment and industry topics. Prominent natural resources-oriented newsletters and advisories frequently quote him. Mr. Rule and his team have expertise in many resource sectors, including agriculture, alternative energy, forestry, oil and gas, mining, and water.

    57 min.
  7. 2 APR

    Chase Taylor: Policy Disasters and Miscalculations – The Options for Ending the War?

    Chase Taylor, a Global Macro Strategist and Editor at Pinecone Macro, joined Tom Bodrovics to discuss the geopolitical implications of the ongoing war and its impact on global markets. Taylor, has a background in geospatial intelligence and a deep interest in history and geopolitics, emphasizes the importance of asking the right questions rather than seeking immediate answers in the midst of conflict. Taylor highlights the significant delta between public narratives and the reality on the ground, noting that many decision-makers underestimated Iran’s capabilities. He discusses the strategic miscalculations by the US and Israel, which have led to a situation where Iran holds considerable leverage, both operationally and economically. Taylor predicts that the US may have to accept unfavorable terms to exit the conflict, given Iran’s escalation dominance and economic leverage. They touch on the potential domestic risks in the US from Iran, with Taylor suggesting that while direct military attacks are unlikely, but there could be retaliatory actions against US assets in the region. He also delves into the downstream effects of the conflict, including disruptions in oil and gas supplies, particularly from Qatar, which supplies 20% of the world’s LNG. Taylor estimates that it could take up to six months for some LNG facilities to resume operations and up to three years for a full recovery. The discussion also covers the potential return to coal usage and the acceleration of green energy transitions in response to supply disruptions. Taylor notes that countries heavily invested in renewables, like solar, would be better positioned to weather the storm. He also highlights the potential for increased resource nationalism and the complexities of global interdependencies, using the example of pencil manufacturing complexities to illustrate how interconnected global supply chains are. Timestamps:00:00:00 – Introduction00:01:13 – Background & War Framework00:03:07 – Market Pricing War Impacts00:05:30 – Trump, News Flow & Cycles00:07:30 – Ceasefire Leverage Dynamics00:11:20 – US Israel Miscalculation00:16:50 – US Goals & Saving Face00:19:30 – Strategic Loss Implications00:27:12 – Resolution Options Discussion00:31:25 – Strait Hormuz Scenarios00:35:04 – Oil & Gas Disruptions00:40:05 – Secondary Global Risks00:46:00 – East Vs. West & Energy00:48:56 – Feds Reaction00:55:36 – Inflationary Effects00:57:40 – Sectors to Watch Guest Links:Substack: https://pineconemacroresearch.substack.comX: https://x.com/pineconemacroWebsite: https://www.pineconemacro.comWebsite: https://bulwarkcapitalmgmt.comiPencil: https://fee.org/ebooks/i-pencil Chase Taylor is a macro trader and the global macro strategist and editor at Pinecone Macro Research. He recently became Head of Research at Bullwark Capital Management. Chase launched PMR in 2018, where he provides unique macro insights and analysis in a weekly and monthly research product. Chase does not come from Wall Street or business school, but the military. He prides himself on being a self-taught macro thinker and practitioner. Chase started in the Air Force working on B-1 Bombers, but spent most of his career as a geospatial intelligence analyst, working on strategic and tactical intelligence problem sets. He has also worked in acquisitions at a research laboratory focused on rocket propulsion. Chase combines the analytical techniques he learned in the intelligence community with a unique focus on history and nature to create a distinctive macro framework. He combines technical analysis, fundamental changes, and the power of narratives and reflexivity to uncover asymmetric investments.

    1 u 5 m
  8. 27 MRT

    Don Durrett: 2026 is the Last Year of American Greatness Which Brings a New Gold All-Time High

    Tom Bodrovics welcomes back Don Durrett, author, investor, and founder of Goldstockdata.com, to discuss the current state of the metals and mining markets, with a particular focus on gold and silver. Don emphasizes his strategy of buying during market dips, which he has applied successfully in recent months. He notes that gold experienced a significant correction, dropping from $5,600 to around $4,100, and has since rebounded to nearly $4,600. Durrett attributed this volatility to the geopolitical tensions and the U.S. economy’s struggles, including high debt levels and inflation. Durrett expresses his belief that the U.S. economy is on a declining trajectory, heavily reliant on foreign investment, and heading towards a recession. He predicts that gold and silver prices will rise significantly due to the U.S. government’s potential inability to service its debt and the fragility of the bond market. He set a target of $7,000 for gold and $200 for silver within the next 24 to 36 months, citing the unsustainable debt levels and economic management practices as key drivers. Don also touches on the potential impacts of an energy crisis, noting that while higher oil prices pose risks to gold mining operations, the industry has margins that can withstand increases up to a certain point. He also discusses the potential for a digital currency reset, which could devalue the U.S. dollar and lead to a quasi-default on U.S. debt. Durrett highlights the importance of monitoring the geopolitical situation, particularly the tensions in the Middle East, which could impact oil prices and global economies. He expressed pessimism about the likelihood of a swift resolution to the conflicts and the potential for Iran to gain leverage over oil prices. Despite these challenges, Durrett remains bullish on gold and silver, expecting new all-time highs by the end of June and viewing any corrections as buying opportunities. Timestamps:00:00:00 – Introduction00:00:32 – Buying the Dip Strategy00:02:32 – Analyzing Recent Gold Dip00:05:52 – Gold and Silver Targets00:09:11 – US Economy Oil Resilience00:15:50 – Energy Crisis Ripples00:18:59 – Debt Bubble and Default00:23:15 – Fed’s Policy Dilemma00:27:56 – Miners and Energy Risks00:32:47 – Iran’s Belligerence Scenarios00:40:20 – Gold’s Bullish Outlook00:43:25 – Concluding Thoughts Guest Links:X: https://x.com/DonDurrettWebsite: https://www.goldstockdata.comSubstack: https://dondurrett.substack.comAmazon Books: https://www.amazon.com.mx/How-Invest-Gold-Silver-Complete/dp/1427650241Blog Posts: https://seekingalpha.com/author/don-durrett#regular_articlesYouTube: https://www.youtube.com/user/Newager23 Don Durrett received an MBA from California State University Bakersfield in 1990. He has worked in IT-related positions for 20+ years. He has been a gold investor since 1991, with a focus on Junior Mining stocks since 2004. Realizing the value of investing in gold and silver and noticing the lack of available material for first-time investors, Don set out to provide information. First, he wrote a book, How to Invest in Gold & Silver: A Complete Guide with a Focus on Mining Stocks. He followed up the book with a website (www.goldstockdata.com) to provide data, tools, and analysis for gold and silver stock investors. His gold and silver mining stock newsletter is widely regarded as one of the best. He is a frequent guest on financial podcasts and a contributor to SeekingAlpha.com.

    45 min.
  9. 26 MRT

    Francis Hunt: Global Debt System is Crashing, Gold and Silver are the Only Assets to Own

    Tom Bodrovics welcomes back ‘The Market Sniper’ otherwise known as Francis Hunt. Francis a renowned trader and analyst, delves into the current economic landscape, focusing on the intersection of energy, inflation, and debt. Hunt emphasizes that the ongoing conflicts and disruptions in energy infrastructure, particularly in the Middle East and Russia, are driving a broader inflation story. He argues that the world is experiencing an extreme version of stagflation, characterized by economic stagnation and high inflation, which erodes household purchasing power. This scenario is exacerbated by excessive debt and the need for central banks to manage the debasement of fiat currencies. Hunt discusses the historical context of stagflation, comparing the current situation to the 1970s when OPEC’s actions pushed up oil prices, leading to a similar economic environment. He highlights the recent explosions and disruptions in energy infrastructure are not isolated incidents but part of a larger strategy to engineer inflation and manage debt. This strategy involves manipulating commodity prices, particularly oil, to control the cost of goods and services, ultimately affecting global economies. The conversation also touches on the role of digital price tags in supermarkets, which allow for real-time price adjustments, reflecting the immediate impact of inflation on consumer goods. Hunt warns that this technology could lead to sudden and significant price increases, further straining household budgets. He also mentions the potential for shortages in food and other essential commodities due to disruptions in global supply chains, exacerbated by geopolitical tensions and energy price volatility. Hunt criticizes the mainstream media and financial institutions for misrepresenting economic data, such as the Consumer Price Index (CPI) and unemployment rates, to paint a rosier picture of the economy. He argues that these misleading narratives are part of a broader effort to control the narrative and maintain public trust in financial systems. He also highlights the potential for social unrest and economic instability as a result of the current economic policies, warning that the world is on the brink of a global depression. The conversation also covers the implications of the current economic environment for different countries, with a focus on Japan and the United States. Hunt argues that Japan, despite its high debt levels, is in a better position than the United States due to its lower energy dependence and more stable economic policies. Francis also discusses the potential for a reset of the global financial system, which could involve a shift away from fiat currencies towards more stable assets like gold. In conclusion, Hunt emphasized the importance of preserving wealth and maintaining a high standard of living in the face of economic uncertainty. He advises listeners to focus on self-reliance, community building, and personal freedom, while also being prepared for potential social unrest and economic instability. He ends the conversation on a positive note, encouraging listeners to live fulfilling lives and pursue their passions, regardless of the economic challenges they may face. Timestamps:00:00:00 – Introduction00:02:55 – Hyperstagflation Overview00:07:36 – Oil as Financial Weapon00:10:30 – Digital Pricing Inflation00:13:40 – Debt, Scarcity, & Yields00:18:08 – Debt Debasement Mechanisms00:23:00 – Yield Curve Analysis00:28:48 – U.S. Debt & Japan00:35:33 – Gold as Capital Preservation00:44:04 – Financial Magazine Covers00:45:45 – Silver Outlook00:48:40 – XTI Crude Oil Chart00:51:18 – Gold & Social Unrest01:00:00 – Positive Outlook Guest Links:X: https://x.com/themarketsniperX: https://x.com/thecryptosniperWebsite: https://themarketsniper.comYouTube: https://www.youtube.com/user/TheMarketSniper Francis is a trader, first and foremost. Unlike most educators in the trading space, Francis walks the walk and talks the talk, with 30 years of experience trading his personal capital on various markets and instruments. Through this passion for trading and his relentless study of markets and economic theory, he uses the Hunt Volatility Funnel trading methodology, a systemized approach, to answer the critical question: What is the next most profitable trade? He believes the actual price of an asset is the most accurate reflection of all the factors that influence it. Practical technical analysis, the study of price action over time, is needed to formulate profitable trade ideas. Indeed, with all the market manipulation and high-frequency trading operations currently in play, technical analysis is all that can be relied upon when it comes to formulating future price trends. A trained eye can often spot such manipulative practices, as is the case with HVF traders. Therefore, the HVF methodology is based purely on technical analysis. Francis is passionate about sharing his knowledge and understanding of markets by utilizing his HVF trading methodology. With entertaining anecdotes and the careful guidance of his students, he has already trained a large community of hundreds of traders and helped them transform from complete newbies to seasoned trading professionals. He genuinely loves sharing his knowledge and strategies with others who are committed to finding freedom through trading. Plus, teaching strengthens his trading abilities while helping to build a vibrant community of successful traders.

    1 u 3 m
  10. 19 MRT

    Adrian Day: The Next Leg of the Gold Market Will be Explosive in the Miners

    Adrian Day, CEO of Adrian Day Asset Management and Manager of EuroPacific Gold Fund, shares his insights on the mining industry and gold market during this episode with your host Tom Bodrovics. Day recently attended the Prospectors & Developers Association of Canada (PDAC) conference, noting an initial positive sentiment among investors, particularly junior companies, although this declined as gold did not respond as expected to geopolitical events like the bombing in Iran. Day explains that gold tends to move ahead of such events but then drops in the immediate aftermath due to various factors, including the strength of the U.S. dollar and interest rates. Day expresses a bullish outlook on gold for the next six to twelve months, citing persistent inflation, fiscal deficits, and central bank policies as driving factors. He also highlights the significant buying of gold by central banks and Tether, a stablecoin organization, which is price-agnostic and buys gold to back its stablecoin. Day notes that individual investors in the U.S. are largely absent from the gold market, and institutional capital has not yet significantly driven the market. Adrian discusses the U.S. stock market’s complacency and the role of 401(k) plans in maintaining a steady flow of money into the market. He also touches on the disconnect between global and regional gold and oil prices, attributing this to liquidity crunches and regional supply issues. Regarding the broader commodity market, Day sees value in other commodities like copper, oil, and agricultural products, which have lagged behind gold and silver. He also notes that foreign markets are likely to outperform the U.S. market in the coming years, with good valuations in the UK, Hong Kong, and Brazil. Day predicts a stagnationary environment for commodities, with gold and oil potentially being top performers. He also discusses the Fed’s likely response to current economic conditions, expecting rate cuts but not as dramatic as some anticipate, and a continuation of quantitative easing. Looking ahead, Day believes the gold market will remain strong and that the U.S. will lose its dominant reserve currency status within the next decade, transitioning into a bipolar world with different spheres of influence. Timestamps:00:00:00 – Introduction00:00:19 – PDAC Conference Sentiment00:02:07 – Gold Geopolitical Reactions00:07:36 – Market Complacency?00:11:36 – Price Dislocations Insights00:13:27 – Bullish Gold Drivers00:19:53 – US Policy Skepticism00:23:13 – Mining M&A Trends00:28:32 – Expanding Profit Margins00:34:14 – Silver Market Outlook00:38:00 – Value in Commodities00:43:05 – Stagflationary Environment00:48:13 – Fed Policy Expectations00:56:22 – Future Global Shifts00:59:50 – Concluding Thoughts Guest Links:Website: https://adrianday.com/ Adrian Day is considered a pioneer in promoting the benefits of global investing in the United Kingdom. A native of London, after graduating with honors from the London School of Economics, Mr. Day spent many years as a financial investment writer, where he gained a large following for his expertise in searching out unusual investment opportunities around the world. He has also authored two books on the subject of global investing: International Investment Opportunities: How and Where to Invest Overseas Successfully and Investing Without Borders. His latest book, widely praised by readers, is Investing in Resources: How to Profit from the Outsized Potential and Avoid the Risks (Wiley, 2010). Mr. Day is a recognized authority in both global and resource investing. He is frequently interviewed by the press, domestically and abroad. He is a popular speaker and is frequently invited to lecture at financial conferences and seminars around the world. His pleasures include fine dining, reading (especially history), and the opera.

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