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
Christopher Grove: China’s Stranglehold is Loosening
Tom welcomes back Christopher Grove, President of Commerce Resources. Chris explains how four of seventeen rare earth metals are essential for electric motors and generators. Ultimately, most electric cars make use of these magnets in their motors.
China had managed to corner the market on rare earth metals with the help of government subsidies. Countries have been looking to find alternative sources as China has demonstrated its willingness to use rare earths for political leverage.
Demand has doubled in the past decade for rare earths. There are few new producers but several companies in the west are trying to bring new supplies to the market. Rare earths are challenging to both find and extract.
The demand for new electric vehicles remains particularly strong in Europe where bans on older ICE vehicles are coming. Therefore, demand is not going away and could become a serious challenge. Prices have fluctuated mostly upwards in the last decade and who knows what the next decade may bring.
Many concerned companies are seeking to reduce their reliance on these metals from China.
Lastly, Chris discusses the types of geology that tend to host these minerals and why few types of host rocks are economically viable.
Time Stamp References:0:00 - Introduction0:47 - Rare Earth Elements4:33 - Alternatives to China10:50 - Rare Earth Demand13:12 - Supply & Demand Shocks20:14 - Supply Gap Predictions22:18 - Western Production29:44 - Geology & Mineralogy33:32 - Environmental Concerns35:52 - Concluding Thoughts
Talking Points From This Episode
* Importance and applications for rare earth elements.* China's role and the Western developments in the rare earth space.* The difficulties of finding and producing economically viable rare earth metals.
Guest Links:Twitter: https://twitter.com/commercerescceWebsite: https://commerceresources.com/
Suggested Links:Rare Earth Observer: https://treo.substack.com/Adamas Intelligence: https://www.adamasintel.com/
Mr. Christopher Grove is President and Director of Commerce Resources since September 2014. Previously, he worked as Corporate Communications for Commerce since 2004 and has significant contacts within the financial communities in North America and Europe. Mr. Grove joined the Commerce Resource board in 2012 and has been active in representing the company abroad.
Gareth Soloway: Gold Will Outperform Bitcoin and Stocks this Year
Tom welcomes back Gareth Soloway, President, CEO & Chief Market Strategist for InTheMoneyStocks.
The markets appear to be experiencing deleveraging as large players exit while the smaller investors buy the dip. Bitcoin corrected early and we usually see a sell-off with crypto when equities correct. We're near all-time highs for leveraged borrowing by investors.
Excess leverage creates bigger sell-offs and the margin calls can wipe out investors.
He discusses the trends for the S&P 500 and how we have moved towards the bottom of the channel several times. The trend appears to be flattening which is indicative of weakness.
Bitcoin is fighting around the 40k level and we have two converging trend lines. We could bounce but ultimately we're looking at continued deleveraging in the broader markets. Watch the Fed should they blink we might be off to the races again.
Markets have been deleveraging and some stocks are starting to look attractive. Many technology names have been hit hard but the big names continue to support the indexes. Weakness is revealing itself in the underbelly of the markets.
Gareth believes 2022 will be a taper until around March followed by a rate hike. The market will probably throw a tantrum because it's accustomed to all the easy money. A drop of twenty percent in equity markets seems likely and will force the Fed to react cautiously. Eventually, the Fed will lose complete control and the flood of money will get out of control.
Gareth is attracted to some stocks outside of the United States that are more reasonably priced. He expects money to start flowing out and some of it could easily head to China or Brazil.
Gold tends to lag inflation which also happened in the 70s. This is likely to happen once again. The more the Fed prints the larger the move in gold.
Lastly, he discusses the chart for silver and provides some targets for the metals. He's looking for a good entry point around $19 for silver this year before the big move to $50.
Time Stamp References:0:00 - Introduction0:41 - Market Relationships1:55 - Leverage & Sell-Offs4:00 - SPDR S&P Chart5:42 - Bitcoin 40k Level8:08 - Taper Concerns11:26 - Rates & Fed Control13:47 - Current Plays16:42 - January Effect19:06 - Inflation and Gold21:16 - 2018-2019 Gold22:40 - Fed Constraints24:08 - Silver Thoughts25:31 - Newmont Chart26:21 - Concluding Thoughts27:23 - Metal Targets 2022
Guest Links:Twitter: https://twitter.com/GarethSolowayWebsite: https://inthemoneystocks.com/Website: https://verifiedinvestingcrypto.comBlog: https://inthemoneystocks.com/author/gareth/LinkedIn: https://www.linkedin.com/in/gareth-soloway-60827953/
Chief Market Strategist Gareth Soloway has been an avid swing and day trader since his days at Binghamton University, where he studied Economics. After college, Gareth quickly excelled as a financial adviser, but his heart was always in swing and day trading. He had this long-standing belief that he could help investors make more money by advising them on shorter-term investments (holding a stock for days to weeks) than the buy and hold crowd who lost 50% of their money during every market collapse. "Why not profit during the bear markets just like the bull markets," he said. So while helping others gain financial independence during the day, he spent his nights studying charts and price action,
Egon von Greyerz: 2022, An Epic Risk Moment in History
Tom welcomes back Egon von Greyerz, Founder and Managing Partner of Matterhorn Asset Management AG based in Switzerland.
Systemic risks are increasing but the general investor does not appear concerned. No one knows the size of the derivatives markets but it's likely in the quadrillions. Sovereign bonds make no sense for investors since the only way they can be paid back is with more money printing. They are extremely poor investments especially when you consider the dismal returns.
Pensions primarily hold bonds and stocks so eventually these funds will go bust. In real terms, Egon expects an eventual 90% decline in stocks. This sounds sensational but we experienced this from 1929 to 1932. The dollar will continue to collapse as it has already lost 98% of its value.
In this environment, your primary goal should be to protect your wealth. Central banks can't save the system forever eventually debt will collapse. This is the first time we've had a global debt system and the risks are enormous. The investment game is easy today because of the money printing. In the end, most investors will probably give back much of their fortunes.
The Fed will be in a serious dilemma this year as inflation will continue to be problematic. They will want to talk about tapering but the Fed can't afford it. Eventually, they will likely lose control of interest rates starting with the long end of the market.
The problems are already starting as we're seeing massive problems with energy affordability in Europe.
Gold is as unloved today as it was in 1971 and when it was around $300 in 2000. If a tiny fraction of funds decide to hold gold as a hedge there will be tremendous demand. Silver could be a spectacular investment if timed correctly but it's not wealth preservation in the same fashion as gold.
He doesn't expect that cryptocurrencies will operate in the same way as a store of value but anything is possible. Perhaps real wealth shouldn't be stored in digital form as it seems unlikely that governments will leave them alone.
Time Stamp References:0:00 - Introduction0:50 - 2022 & Epic Risk6:43 - Dow in Real Terms9:06 - Global Unfunded Liabilities16:52 - Japan's Debt Levels21:41 - Fed Policy Reversal27:14 - Hyperinflation?32:05 - Property Values36:26 - Gold Cycles41:28 - Gold Vs. Silver44:32 - Cryptocurrencies47:32 - Wrap Up
Talking Points From This Episode
* Massive global debt risk and the derivatives markets.* Pensions, equities, bonds, and the dollar.* Importance of protecting your wealth in this environment.
Guest Links:Website: https://www.goldswitzerland.comTwitter: https://twitter.com/GoldSwitzerland
Egon von Greyerz is Founder & Managing Partner of Matterhorn Asset Management AG. He started Matterhorn Asset Management (MAM) in 1999 as a private investment company. From the very beginning, wealth preservation was an essential cornerstone of the company. In early 2002, they believed that financial and economic risk in the World was getting uncomfortably high. So that year, they made substantial investments in the physical gold market at $300 on average.
As gold started to rise in the early 2000s, demand for physical gold increased, and in 2005 they set up a regulated company in Zurich - Matterhorn Asset Management AG. A couple of years later, they formed GoldSwitzerland, which is the precious metals division of MAM.
Egon was Born with both Swiss and Swedish citizenship. His education was mainly in Sweden. He started his working life in Geneva as a banker and af...
Doug Casey: The Decade of the Greater Depression
Tom welcomes back a man who should need no introduction, Doug Casey, libertarian philosopher, speculator, and author.
Since 2008, Doug has continued to be shocked by the Fed's reactions. They've printed trillions in new currency along with most other governments in the world. The little guys on the bottom are now seeing the full effects of inflation which is turning into a social time bomb. Bonds are now negative in real terms. Negative interest rates encourage borrowing and if we don't borrow the system will collapse. We're getting near the end game.
What we have in the west today is not capitalism but a form of corporate fascism where the government controls things fairly tightly.
Doug believes that gold is fairly well priced currently when compared with other assets. Gold for him is a savings vehicle and occasionally useful as a speculative asset. Gold equities on the other hand are currently quite cheap.
Doug discusses how Cypress confiscated a lot of money directly from the population's bank accounts and since then many other countries have passed laws to permit similar actions. Therefore, it may be foolish to have more than the insurable amount in your bank account.
The largest export of the United States is the dollar itself and we see this reflected in the trade deficit. There are many trillions of dollars floating around outside of the United States. Eventually, foreigners will decide they no longer want dollars and then that money will flow back in exchange for any goods left in the United States. This is a timebomb ready to go off.
Doug discusses how digital currencies issued by governments and central banks could function. He has serious concerns about social credit scores.
Your biggest risks today are political so it makes sense to have some bullion on hand. Diversifying politically is also important so keeping some bullion outside your home country can be a good idea.
Doug has always had an interest in commodities and we are entering a bullish period for them. He has placed a sizable investment into the carbon market but it's definitely speculative. He notes that bonds are the biggest disaster waiting to happen.
Talking Points From This Episode
* The Fed is running out of options.* Why your biggest risks are political.* Gold and diversifying your assets against jurisdictional risk.* Commodities and the beginnings of the bull market.
Time Stamp References:0:00 - Introduction1:28 - Fed Tools?5:06 - Ducking Economics6:40 - Greater Depression10:35 - Gold Thoughts13:10 - Cash & Value15:00 - Risks with Cash18:08 - Dollar Confidence20:30 - C.B. Digital Currencies23:27 - Bullion & Storage Risk24:48 - Media & Lockdowns27:37 - Favorite Speculations32:00 - Harnessing Psychology34:20 - His Portfolio & Hobbies
Guest Links:YouTube: https://www.youtube.com/channel/UCEJR3OAeHBNz7aGtFRZXArQWebsite: https://internationalman.com/Amazon Books: https://tinyurl.com/an3uxhc
Best-selling author, world-renowned speculator, and libertarian philosopher Doug Casey has garnered a well-earned reputation for his erudite (and often controversial) insights into politics, economics, and investment markets. Doug is widely respected as one of the preeminent authorities on "rational speculation," especially in the high-potential natural resource sector. Doug's most recent book, "Assassin," can be found on Amazon.
He has been a featured guest on hundreds of radio and TV shows,
Lobo Tiggre: This is the Year the Fed will be Revealed
Tom welcomes back Lobo Tiggre founder and CEO of Louis James LLC. He is the principal analyst and editor of IndependentSpeculator.com. He specializes in evaluating resource companies.
Lobo discusses his thoughts on the Fed's actions but notes that he is not an economist. Inflation appears to be the trend and even Powell has retired the term transitory. Shutdowns and supply issues will take time to resolve so inflation and high prices are likely to persist. What happens this year is anyone's guess but the likelihood of a major market meltdown remains high. The growth outlook for overall equities does not look high.
Ultimately, gold is usually tied to the dollar and overall this past year has been good for mining companies. He is focused on building his gold and silver positions but remains very bullish on uranium. Uranium equities experience a lot of volatility but this can also serve as buying opportunities.
Lobo discusses his strategies for speculating on explorers and miners. The pre-production sweet spot is often an excellent opportunity. He likes to watch for explorers that continue to find opportunities due to a correct geological model. This year we will likely see a lot more mergers and acquisitions.
He questions the value of ESG models and the risks if society continues to make permitting hard for miners. Good corporate citizenship is important for companies but we seem to be in an era of heightened political risks. In the worst-case scenario, we could see mining in western countries become impractical.
Lastly, he discusses the possibility of substitutes for green energy metals. Copper will be needed in abundance regardless and further price rises seem inevitable. Oil is another sector that is hated and could easily become a good contrarian play. This year will be one for investors to take a careful active approach to their investments.
Time Stamp References:0:00 - Introduction0:34 - Fed & Market Reactions7:31 - We The Lunatic Fringe10:34 - Inflation Outlook14:56 - Gold & Inflation21:27 - Gold Vs. Silver24:10 - Evaluating Miners26:34 - Speculation Rules31:08 - ESG & Mining Risks35:28 - Uranium & Equities43:55 - Other Commodities49:04 - Wrap Up
Talking Points From This Episode:
* Fed's actions and why inflation will persist for some time.* Why 2021 was a good year for gold mining companies.* Tips for evaluating companies and avoiding risk.* Green energy and why the world will need more copper.
Guest Links:Website: https://independentspeculator.comTwitter: https://twitter.com/duediligenceguyFacebook: https://www.facebook.com/louis.james.965580/Linkedin: https://www.linkedin.com/in/lobotiggre/
Lobo Tiggre, aka Louis James, is the founder and CEO of Louis James LLC, and the principal analyst and editor of IndependentSpeculator.com. He researched and recommended speculative opportunities in Casey Research publications from 2004 to 2018, writing under the name "Louis James." While with Casey Research, he learned the ins and outs of resource speculation from the legendary speculator Doug Casey.
Although frequently mistaken for one, Mr. Tiggre is not a professional geologist. However, his long tutelage under world-class geologists, writers, and investors resulted in an exceptional track record.
A fully transparent, documented, and verifiable track record is a central feature of the IndependentSpeculator. Mr. Tiggre will put his own money into the speculations he writes about,
Bill Holter: The Fed Must Inflate or Die
Tom welcomes back an absolute icon to the show, Bill Holter. Bill works and writes alongside the legendary Jim Sinclair at JSMineset.
Bill discusses the current liquidity situation with the Reverse Repo system. Banks can sleep at night with their funds being stored with the Fed while earning a return. However, the Fed can't allow interest rates to go negatives since that would indicate the dollar is worthless.
JP Morgan has a large derivative concentration which carries 3.3 trillion in counterparty risk. Globally, everything is a promise today as the world runs entirely on credit. Small failures can cascade like dominoes. The Fed can't truly taper and should they try we will see the next round of Q.E. within a few weeks. The Fed will likely attempt a small rate hike but multiple hikes seem unlikely.
The situation today is completely different than when Paul Volcker raised rates in the 80s. We're far more in debt than back then and the U.S. had plenty of collateral at that time. In today's world, there is massive leverage and every available asset is already encumbered.
Eventually, excessive money printing will completely dilute the currency and we already see that occurring with inflation. The Fed is completely out of means to limit inflation. Many countries are abandoning the dollar as quickly as possible.
He notes that more people are wanting to get their dollars out of the system and into gold. It's almost like a mini bank run. Inflation is causing part of this run but people are beginning to understand that something is very very wrong.
People become concerned with inflation when everyday items and taxes rise quickly. We're now a full year into fairly drastic price rises. Many narratives are failing including transitory inflation and those around vaccines.
Comex's open interest has been declining and there appears to be less interest in futures. There are increasing numbers of deliveries. The numbers don't add up. If you understand that all the news is fake and that basically everything is a lie then why would you believe any of the numbers? Soon people are going to count their wealth in ounces not dollars.
Time Stamp References:0:00 - Introduction0:36 - Credit Markets & Repos2:06 - U.S. and Negative Rates3:02 - J.P. Morgan Derivatives5:42 - Taper Expectations8:20 - Volcker Vs. Today11:45 - Inflation and Fed Tools13:10 - Getting Out of the System15:53 - Inflation Perceptions18:04 - Actuarial Deaths19:24 - Credit & Confidence23:56 - Comex Open Interest28:05 - Wrap Up
Talking Points From This Episode
* Reverse Repos and contagion risks with derivatives.* Fed cornered and unable to respond to inflation.* Comex deliveries continue with open interest in decline.* Governments are losing control of their fake narratives.
Guest Links:Facebook: https://facebook.com/groups/jsmineset/Website: https://www.jsmineset.comEmail: firstname.lastname@example.org
Bill Holter writes and is partners with Jim Sinclair at the newly formed Holter/Sinclair collaboration. Prior, he wrote for Miles Franklin from 2012-15. Bill worked as a retail stockbroker for 23 years, including 12 as a branch manager at A.G. Edwards. He left Wall Street in late 2006 to avoid potential liabilities related to the management of paper assets as he foresaw the Great Financial crisis coming. In retirement, he and his family moved to Costa Rica, where he lived until 2011 when he moved back to the United States. He was a well-known contributor to the Gold Anti-Trust Action Committee (GATA) commentaries from 2007-pres...
Great analysis from all kinds of different perspectives and a great host with incredible perspective, analysis, and questions. Will help to give you more conviction in your trading/investing.
Collin, host of the Palisades Gold Radio podcast, highlights all aspects of mining and more in this can’t miss podcast! The host and expert guests offer insightful advice and information that is helpful to anyone that listens!
Excellent information on gold and the gold markets. Great insight into the inner workings of what is moving gold prices and the people behind it.