Palisades Gold Radio is the largest online discussion platform for junior mining globally. Each week, host Collin Kettell interviews top experts in the energy and mining space to discuss macro trends and identify strong investment ideas. With over 1,000,000 views in just three years and videos viewed from over 150 countries around the world, Palisades Gold Radio is the best place for top quality mining content. Guests have included Robert Kiyosaki, Don Coxe, Rick Rule, Eric Sprott, Doug Casey, Frank Holmes, Marc Faber, Jim Rogers, and much more. Visit us at www.palisadesradio.ca
Kevin Wadsworth: Unleashing the Power of Precious Metals
Tom welcomes back Kevin Wadsworth of Northstarbadcharts.com discusses various aspects of investing, highlighting the importance of risk management and identification of technical indicators to potentially predict market direction. The discussion reveals that while individual stock gains can impress, assessing the percentage gain a portfolio has made is a more significant measure of success. Specific strategies like application of stop losses and position sizing within risk management protocol are also clarified as useful investment tactics.
The evaluation of gold performance as a protective hedge against negative market outcomes is explored. The usage of ratio charts to identify gold miners overperforming the ASA index is also advocated. The analysis reveals the increasing prominence of uranium, potentially signaling a shift of capital into this sector. By judging economic indicators through a technical lens, predictions can be made regarding impending market dynamics.
A probing analysis is made of Nvidia which is nearing two trillion market cap. A possible bearish rising wedge in the company's chart suggests a potential increase towards $1,300 by November with a subsequent post-election decline.
The interview concludes with a hypothesis regarding an impending market shift, identifying a yield curve inversion where the 10-year yield has a higher interest rate than the 2-year yield as a potential crisis signal. A shift in capital towards precious metals is predicted as a potential catalyst for real growth.
Time Stamp References:0:00 - Introduction0:46 - Bets & Risk Management6:20 - Sentiment & Gold8:43 - Gold & Mad Gainz11:45 - Thoughts on Silver15:05 - ASA Miners Vs. Gold18:46 - Finding Opportunity20:29 - Uranium Chart25:55 - Stops & Mitigating Risk27:10 - Volume Usefulness30:22 - US Treasury Charts34:44 - Big Picture Thinking41:38 - Silver Vs. Dollar42:40 - NVIDIA Mkt. Cap46:04 - 10 Year Risk Matrix53:21 - DXY Vs. Gold56:33 - Markets This Fall58:22 - FOMO & Gold Vs. Dollar1:03:48 - Evidence & Confidence1:06:39 - Wrap Up
Guest Links:Twitter: https://x.com/NorthStarChartsWebsite: https://NorthStarBadCharts.comYouTube: https://youtube.com/c/NorthstarChartsTwitter: https://x.com/badcharts1
Kevin Wadsworth is a seasoned chart trader with over 15 years of experience and a strong following on social media. With a background in meteorology spanning over 30 years, he has worked in various professional roles, including military and civilian weather forecasting. Currently serving as a Civil Contingency Advisor, Kevin provides advanced warning and guidance for life-threatening weather events and collaborates with emergency response teams.
His interest in the financial world was sparked by a colleague in the early 2000s, and he became particularly fascinated after the 2008 financial crash. Drawing parallels between weather forecasting and predicting market movements, Kevin emphasizes the importance of gathering evidence from various sources, much like assessing multiple weather models. His approach focuses on presenting clear, unbiased charts based on the weight of evidence, rather than personal bias.
Kevin's expertise lies in distilling complex information into actionable insights, whether it's forecasting weather patterns or market trends.
Egon von Greyerz: Warning of Wealth Risks in a World of Financial Jenga
Tom welcomes back Egon von Greyerz, founder and managing partner at Von Greyerz Gold Switzerland. Egon highlights concerns about the current state of the global economy. He underlined the mounting national debts and potential for war as the two primary factors adding to the world's chaos. Despite this, he stresses the importance of focusing on individual wellbeing and controlling what can be influenced personally.
Greyerz suggests investment in gold as an effective method of wealth preservation. This is because gold maintains its purchasing power over extended periods, even as fiat currencies lose value. Greyerz predicted a surge in gold interest as a safe haven amid increasing national deficits and economic instability worldwide. The attractiveness of gold is amplified by the potential impacts of overdue debts, particularly in the real estate sector.
Furthermore, Greyerz draws attention to the significant shift in the U.S. government's method of funding debt. As central banks continue to create fiat currency, many countries are offloading their U.S. treasury bonds, leaving the Federal Reserve as the main purchaser. This situation, combined with an inflationary world economy, may trigger more financial troubles. Greyerz expresses concerns that governments could potentially confiscate assets or force investment into specific securities such as U.S. treasuries. Moreover, Greyerz warns of the risks associated with investments in Bitcoin and Gold ETFs, emphasizing the need for owning physical gold stored outside the banking system for effective wealth preservation. Despite an overall gloomy prediction for the global economy, Greyerz urges investors to focus on non-monetary values such as family ties and personal relationships.
Time Stamp References:0:00 - Introduction1:30 - Wealth Vs. Living2:33 - Gold Fundamentals12:55 - Dollar & Debt Outlook18:17 - BRICS & Russia20:22 - C.B. Gold Buying29:42 - U.S. Gold Holdings?33:25 - Counterparties & Audits34:49 - Scarcity & Balance37:04 - Inflation & Wars39:16 - Fed & Rates44:10 - Other Assets?47:38 - Gold ETF Concerns51:08 - Concluding Thoughts53:22 - Wrap Up
Talking Points From This Episode
* Why Gold reliably retains purchasing power over time, unlike fiat currencies."
* Exponential gold price rise predicted due to increasing demand, limited supply.
* Greyerz cautions the risks of potential government confiscation of assets in banks.
* He also notes that the best things in life are free and help those around you.
Guest Links:Website: https://vg.gold/Website: https://www.goldswitzerland.comTwitter: https://twitter.com/GoldSwitzerland
Egon von Greyerz is Founder & Managing Partner of Von Greyerz Gold Switzerland
Egon began his professional life in Geneva as a banker and thereafter spent 17 years as the Finance Director and Executive Vice-Chairman of Dixons Group Plc. During that time, Dixons expanded from a small photographic retailer to a FTSE 100 company and the largest consumer electronics retailer in the UK.
During the 1990s, Egon became actively involved with financial investment activities including mergers and acquisitions and asset allocation consultancy for private family funds. This led to the creation of Von Greyerz as an asset management company based on wealth preservation principles.
Von Greyerz is now the world’s leading company for direct investor ownership of physical gold and silver outside the banking system.
Doomberg: Debunking the Peak Cheap Oil Myth
Tom welcomes back once again the Head Writer from the Doomberg Chicken Coop. In this interview Doomberg breaks down many of the energy myths around supply and scarcity in an era of technological advancement.
Doomberg discusses the hotly contested concept of 'peak cheap oil,' which asserts that the global economy will soon experience a severe decline in easily affordable oil due to dwindling supplies. Given a humorous twist, Doomberg confidently counters this theory in a manner that ruffles a few feathers amongst its proponents.
Despite his animated personality, Doomberg intelligently lays out a counter-narrative to the peak oil theory, asserting that technological advancements and human adaptability would consistently flex and adapt under the strain of assumed dwindling oil reserves. This plucky chicken argues that, contrary to popular belief, if there was an imminent oil crisis, current political and economic constraints would dissipate, causing nations to rally together and adopt necessary measures to prevent disaster.
Like an experienced egg-cracker, Doomberg breaks down the processes of oil refining, expressing faith in the industry's ability to convert various hydrocarbon types into numerous usable oil products. So, even when lighter hydrocarbons are at play, Doomberg insists they can be transformed into heavier substances like jet fuel, demonstrating the industry's adaptability.
In laying out potential solutions to the imminent dread of peak oil reality, Doomberg sounds the rooster's crow, waking us to the possibilities we would explore to keep oil supply constant and prices economical. Doomberg avows that political restrictions would be shed, conventional oil reserves exploited, shale drilling technology would become widespread, and enormous natural gas reservoirs would be tapped. This talking Chicken Little goes even further to say that faced with skyrocketing oil prices, we would simply alter our engines to run on cheaper, abundant natural gas.
Doomberg does not mince words about the central importance of energy to the economy, reminding us that despite several crises since the 70s, our primary energy use continues to grow, showcasing our resilience and adaptability. Moreover, Doomberg reiterates that we are far from exhausting accessible and affordable oil— the limitations are more political and temporary than physical or absolute.
The talkative chicken does a beak drop on the shale oil industry, clarifying that while it is concentrated heavily in the US, the technology can be copied and used globally, particularly by significant players like China.
To cap it off, Doomberg reaffirms that we have plentiful oil reserves, and our innovative abilities, coupled with political compromises, would forestall any imminent oil crisis. In this engaging conversation laced with comedy and fowl-play, Doomberg manages to debunk several misconceptions about oil exhaustion and the looming energy crisis, presenting a future marked by human ingenuity and widespread energy production. Whether it's talking about oil, natural gas, or ethanol, it's clear that Doomberg is no chicken when it comes to tackling complex topics and laying out hard-boiled facts.
Time Stamp References:0:00 - Introduction0:35 - Twilight in the Desert?9:54 - Crude Production15:42 - SPR & Inflation22:00 - Oil's Importance24:54 - Nuclear Narratives27:06 - Energy Needs & Growth28:54 - Artificial Limits?31:34 - Global Reserves33:26 - Shale & Analysts35:58 - China & Energy Tech.37:40 - Russian Resources40:07 - Iran & Politics42:28 - New World Oil44:58 - U.S. Manufacturing48:34 - Recession & Energy50:10 - SPR & Politics53:24 - Oil Price & Inflation59:43 - Ethanol & Hydrogen1:04:06 - New & Future Tech.
Nick Giambruno: The Illusion of Ownership – Why the Money in the Bank Isn’t Yours!
Tom welcomes back Nick Giambruno, founder of The Financial Underground and Editor-in-Chief of the Contra Speculator.
In this eye-opening discussion, Nick Giambruno exposes the truth behind the banking system and challenges the common misconception that the money in your bank account belongs to you. Through a detailed analysis, he reveals the legal and financial realities that make you an unsecured creditor of the bank, rather than a rightful owner of your funds. Discover the shocking implications of this arrangement and how it places you at the mercy of the banking establishment. Brace yourself for a paradigm-shifting perspective on your hard-earned money.
Cautioning on the potential fallout of an escalating interest expense on federal debt, Giambruno expresses worries over the Federal Reserve's continued interest rate hikes. Massive interest payments could lead to the federal government's bankruptcy. Borrowing money to service existing debt means mounting, potentially catastrophic, debt levels. He expresses skepticism over Central Bank Digital Currencies (CBDCs), viewing them as a desperate rescue attempt for the failing fiat system. In contrast, he sees Bitcoin as a formidable central bank competitor.
Discussing the geopolitical scenario, Giambruno expresses concern over the increased US expulsion from the Middle East and the likelihood of escalating conflicts. This situation, he posits, could affect oil-related equities. From his base in Argentina, he observes the anticipated presidency of Javier Milei, who may refrain from dollarization to maintain sovereignty and could transition towards a free market currency system. Nevertheless, he points out that this is a challenging transformation requiring an extensive overhaul of the existing system.
Time Stamp References:0:00 - Introduction0:38 - Henry Ford Quote5:50 - Money Vs. Currency10:16 - Capital Controls & Collapse11:46 - The Hiking Cycle is Over15:06 - Why CBDCs Will Fail18:22 - Bitcoin & Alternatives20:32 - Silver's Future Role22:16 - Fragile Oil Markets25:50 - Conflicts & Geopolitics31:00 - Risk of False Flags31:53 - Argentina & Javier Milei35:27 - El Salvador & Bitcoin37:12 - Wrap Up
Talking Points From This Episode
* Challenging the common misconception that the money in your bank account belongs to you.
* The Federal Reserve's continued interest rate hikes and potential fallout on federal debt.
* The geopolitical scenarios and concern over increased conflicts in the Middle East.
Guest Links:Website: https://financialunderground.comTwitter: https://twitter.com/NickGiambrunoWebsite: https://nickgiambruno.com
Nick Giambruno is a renowned speculator and international investor. He's the Founder of The Financial Underground and Editor-in-Chief of its premium investment research publication Contra Speculator.
Nick travels the world searching for lucrative investment opportunities in overlooked markets.
Nick specializes in identifying Big Picture geopolitical and economic trends ahead of the crowd. His approach to investing also focuses on profiting from distortions in the market. This includes identifying unfounded pessimism in beaten-up industries, which creates opportunities for enormous gains.
He writes about geopolitics, value investing in crisis markets, Bitcoin, international banking, second passports, international diversification, and surviving a financial collapse, among other topics.
Sam Lawrie: Gold and the Return of the Banking Crisis
Sam Lawrie from Adams Bullion converses with your host Tom Bodrovics about the US market's response to the recent hotter-than-expected CPI inflation data. The data increased the value of the US dollar and consequently caused a significant decrease in gold and silver value. They assess the long-term implications, noting that sustained high interest rates could greatly increase the cost of the maturing US national debt. Lawrie acknowledges that initially, high-interest rates may discourage gold investments but maintains that a bullish perspective on gold is more favorable in the long term. The termination of the Bank Term Funding Program might trigger downside movements, he suggests.
Lawrie speculates that Jerome Powell's unexpected switch in stance concerning interest rates in December could be due to a possible banking sector crisis. He notes a political push for lower interest rates in countries such as Australia and argues that despite being above inflation targets, having lower rates benefits lower-income individuals, which could push the economy towards hyperinflation. The conversation covers the political use of the oil market, with Lawrie attributing the draining of the SPR last year to inflation moderation. He also highlights the current Middle-Eastern issues and the strained relations with Iran as potential triggers for oil price increase.
Lawrie predicts that inflation will intensify over time, driven by high oil prices which will increase the cost of nearly all goods. He argues that people are inclined to spend money today if they believe it will lose value tomorrow. Despite the predicted intensification of inflation, Lawrie notes that several western governments are considering ways to manage inflation. He discusses the consequences of central bank gold leasing on gold revaluation and advises people to contemplate national-level counterparty risk regarding gold ownership if a revaluation event occurs.
The conversation also covers the US stock market, with Lawrie pointing out the substantial gains from top companies like Facebook, Google, and Microsoft. He characterizes the situation as strange, likening it to a bubble where fundamentals no longer bear significance. Lawrie is also keeping a keen eye on Treasury auctions, noting that if there aren't enough buyers, the Federal Reserve might have to buy some of that debt. Lawrie concludes the conversation by noting an increased interest in precious metals from first-time buyers and an evident shift towards silver due to the gold to silver ratio, despite supply chain issues and rising freight costs.
Time Stamp References:0:00 - Introduction0:35 - CPI Reports & Gold Mkt.4:05 - Fed Bank Term Funding5:17 - DXY Vs. Gold7:55 - Fed & Powell Reversal13:40 - Oil, SPR & Inflation17:00 - China Reopening19:08 - Peak Oil & Shale21:03 - Inflation Outlook & Rates29:08 - Debt & Systemic Risks33:32 - Equity Market Value36:24 - 2024 Outlook & Bonds39:13 - Gold Sales Trends42:26 - Wrap Up
Talking Points From This Episode
* The recent CPI inflation data caused a decrease in the value of gold and silver, but a bullish perspective remains in the long term.
* Jerome Powell's switch in interest rate stance in December may indicate a possible banking sector crisis.
* Inflation is predicted to intensify over time due to high oil prices, leading to an increased interest in precious metals.
Guest Links:Website: https://adamsbullion.comTwitter: https://twitter.com/adamseconomicsYouTube: https://www.youtube.com/@thepubliccrusader
David Kranzler: Poking Bears And Black Swans
Tom 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.
Wonderful Guest Interviews; More Than Gold
Update Feb 2024
Still never miss an episode. Great guests and host Tom has that all too rare facility, that when he gets a fascinating guest, he lets the guest talk without interruption. Love the show!
They continue to have great show notes which makes it easy to find specific websites mentioned in the interview.
Great work. Keep it up.
Doomberg very confidential
Doomberg rose to fame (most popular selling substack) within a year. He’s good at “marketing”. I prefer my information to be said through a voice changer device. Very cool
Love the show!
Just listen to the Jonathan Mergott interview. It's so refreshing to hear a diverse range of voices on the gold sector.