Raoul Pal: The Journey Man

Real Vision Podcast Network

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

  1. 1H AGO

    Inside a DeFi Hedge Fund: Risk Management in a 24/7 Market ft. Evegny Gokhberg

    🔥 *Download Raoul Pal's 4-year investing roadmap for free:* https://rvtv.io/41fVHWF Raoul Pal welcomes Evegny Gokhberg, founder of the DeFi hedge fund Re7Capital, to discuss building a market-neutral yield strategy that earns double-digit returns by managing smart contract risk, diversifying across platforms and chains, and treating crypto as liquid venture investing. They also debate whether the current crypto drawdown is a broken cycle or a liquidity-driven, mid-cycle correction, concluding that fundamentals remain strong despite extreme price volatility. Recorded on February 4, 2026. 👉 Abra provides custody, trading, yield and BTC-backed loan products for digital assets for HNW and corporate clients. Abra provides full service treasury management for digital asset treasuries and corporations. Buy and hold digital assets in segregated accounts with multi-sig security. Visit https://www.realvision.com/abra to learn more. 📣 This episode comes to you thanks to Figure Markets. Use Figure’s Democratized Prime and enter to win $25k USDC while earning ~9% APY. The more you participate, the better your odds! Start now and enter to win while earning money on your crypto with Democratized Prime. 👉 Enter here: https://democratizedprime.pxf.io/c/6873097/3755092/37696 Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries. 🍌 Get your Banana Zone swag at the Real Vision merch store: https://shop.realvision.com Connect with me: Twitter (X): https://twitter.com/RaoulGMI Instagram: https://www.instagram.com/raoulgmi/ LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/ My other work: Real Vision: https://rvtv.io/3LHYIaH Global Macro Investor: https://globalmacroinvestor.com The Exponentialist: https://realvision.com/thefuture EXPAAM: https://expaam.com Connect with Real Vision™: Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Get a FREE membership: https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

    1h 8m
  2. FEB 5

    The Metal Trade That Could Unlock AGI ft. Jordi Visser

    🔥 *Download Raoul Pal's 4-year investing roadmap for free:* https://rvtv.io/41fVHWF On the latest episode of The Journey Man, filmed with a live audience at Crypto Gathering 2026 in Miami, Raoul Pal sits down with Jordi Visser, head of AI macro nexus research at 22V, to discuss the commodity supercycle, the advancements in robotics and AI, the abundance vs. scarcity trade, the decline of software companies, and much more. Recorded January 24, 2026. 👉 Abra provides custody, trading, yield and BTC-backed loan products for digital assets for HNW and corporate clients. Abra provides full service treasury management for digital asset treasuries and corporations. Buy and hold digital assets in segregated accounts with multi-sig security. Visit https://www.realvision.com/abra to learn more. 📣 This episode comes to you thanks to Figure Markets. Use Figure’s Democratized Prime and enter to win $25k USDC while earning ~9% APY. The more you participate, the better your odds! Start now and enter to win while earning money on your crypto with Democratized Prime. 👉 Enter here: https://democratizedprime.pxf.io/c/6873097/3755092/37696 Timestamps: 00:00 Abra Sponsor 00:54 Welcome to The Journeyman 02:38 Macro, Crypto & AI Converge 05:06 Silver: The Metal Behind AI 08:00 The $85T AI Buildout 11:05 Resources, Geopolitics & Power 14:20 Europe’s Strategy vs the US 17:16 AI = Deflation Shock 20:19 Why Long-Duration Assets Break 23:02 Scarcity vs Abundance Investing 26:13 Stimulus, Politics & the AI Race 29:04 Why Silver Is Non-Negotiable 32:17 Is Software Actually Investable? 35:44 Agents Replace SaaS 38:53 Why Big Tech Can’t Adapt Fast Enough 42:05 Commodities: Rent or Own? 45:26 Solar, Power & Grid Bottlenecks 48:39 Energy Taxes & AI Economics 50:14 AGI Fears & the Human Question 53:18 Advice for Gen Z 55:22 AI as a Learning Weapon 56:49 NFTs as Cultural Memory 57:38 Final Thoughts & Outro Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries. 🍌 Get your Banana Zone swag at the Real Vision merch store: https://shop.realvision.com Connect with me: Twitter (X): https://twitter.com/RaoulGMI Instagram: https://www.instagram.com/raoulgmi/ LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/ My other work: Real Vision: https://rvtv.io/3LHYIaH Global Macro Investor: https://globalmacroinvestor.com The Exponentialist: https://realvision.com/thefuture EXPAAM: https://expaam.com Connect with Real Vision™: Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Get a FREE membership: https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

    1h 3m
  3. JAN 29

    The Next Perfect Trade (And Why It Only Happens Once a Decade)

    🔥 *Download Raoul Pal's 5-year investing roadmap for free:* https://rvtv.io/41fVHWF ⚪ Raoul Pal welcomes Alex Gurevich, founder and CIO at HonTe Investments, to discuss the second edition of his book, "The Next Perfect Trade." Raoul and Alex also explore how classic macro frameworks like risk parity and duration investing are colliding with a new era defined by AI, deflation, and massive liquidity responses. Recorded on January 19, 2026. ⚪ Follow Alex on X: @agurevich23 📣 This episode comes to you thanks to Figure Markets. Use Figure’s Democratized Prime and enter to win $25k USDC while earning ~9% APY. The more you participate, the better your odds! Start now and enter to win while earning money on your crypto with Democratized Prime. 👉 Enter here: https://democratizedprime.pxf.io/c/6873097/3755092/37696 📣 Today’s sponsor is Plus500 US. Take your trading to the next level with cross-market contracts, from precious metals to key indices, and more. Whether you’re a seasoned trader in the Futures arena or brand new, Plus500’s user-friendly trading platform offers you the advanced tools, market insights, and quick execution you’ve been looking for. 👉 Get started with Plus500 for as little as $100 at https://us.plus500.com. Trading in futures involves the risk of loss. Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries. 🍌 Get your Banana Zone swag at the Real Vision merch store: https://shop.realvision.com Connect with me: Twitter (X): https://twitter.com/RaoulGMI Instagram: https://www.instagram.com/raoulgmi/ LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/ My other work: Real Vision: https://rvtv.io/3LHYIaH Global Macro Investor: https://globalmacroinvestor.com The Exponentialist: https://realvision.com/thefuture EXPAAM: https://expaam.com Connect with Real Vision™: Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Get a FREE membership: https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

    1h 1m
  4. JAN 15

    Die With the Most Likes: Art in the Digital Age

    ☀️ Crypto Gathering Miami 2026: not everyone wants the full conference sprint. That’s why there’s the Social Pass ($300): welcome drinks, beach party, and Drinks with @RaoulGMI LIVE 🍷 ☀️ Right now it’s BOGO... bring a friend or split the cost ☀️ Get it now: https://rvtv.io/3K36sq1 ⚪ Real Vision co-founder and CEO Raoul Pal sits down with digital artist and writer Mark Wilson, better known as DieWithTheMostLikes, for a wide-ranging conversation on art, identity, and the attention economy. From his roots in Middle America to years spent grinding through a soul-crushing corporate job, Mark shares his unlikely journey to becoming one of the most distinctive voices in digital art. ⚪ Follow Mark on X: @toadswiback 📣 Today’s sponsor is Plus500 US. Take your trading to the next level with cross-market contracts, from precious metals to key indices, and more. Whether you’re a seasoned trader in the Futures arena or brand new, Plus500’s user-friendly trading platform offers you the advanced tools, market insights, and quick execution you’ve been looking for. 👉 Get started with Plus500 for as little as $100 at https://us.plus500.com. Trading in futures involves the risk of loss. Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries. 🍌 Get your Banana Zone swag at the Real Vision merch store: https://shop.realvision.com Connect with me: Twitter (X): https://twitter.com/RaoulGMI Instagram: https://www.instagram.com/raoulgmi/ LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/ My other work: Real Vision: https://rvtv.io/3LHYIaH Global Macro Investor: https://globalmacroinvestor.com The Exponentialist: https://realvision.com/thefuture EXPAAM: https://expaam.com Connect with Real Vision™: Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Get a FREE membership: https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

    1h 28m
  5. JAN 8

    URGENT: AI Is Inevitable. But Can It Be Better?

    ☀️ Crypto Gathering Miami 2026: not everyone wants the full conference sprint. That’s why there’s the Social Pass ($300): welcome drinks, beach party, and Drinks with @RaoulGMI LIVE 🍷 ☀️ Right now it’s BOGO... bring a friend or split the cost ☀️ Get it now: https://rvtv.io/3K36sq1 When it comes to the AI race, Jeffrey Quesnelle, co-founder and CEO of Nous Research, thinks there's no stopping it. However, he is on a mission to ensure nation-states don't control it through a select few companies. On the latest Raoul Pal the Journey Man, he speaks about the need for decentralized, open-source AI, and how his company is trying to make it happen as it competes with centralized AI titans. Follow Jeffrey on X: @theemozilla ⚪ Get cash fast - borrow against your BTC, ETH, or SOL today. ⚪ Take advantage of the lowest rates in the industry* at 8.91% (9.999% APR) at 50% LTV1 and segregated collateral vaults, protected with decentralized MPC. Join Now - 👉 https://figuremarkets.co/realvision 📣 Today’s sponsor is Plus500 US. Take your trading to the next level with cross-market contracts, from precious metals to key indices, and more. Whether you’re a seasoned trader in the Futures arena or brand new, Plus500’s user-friendly trading platform offers you the advanced tools, market insights, and quick execution you’ve been looking for. 👉 Get started with Plus500 for as little as $100 at https://us.plus500.com. Trading in futures involves the risk of loss. Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries. 🍌 Get your Banana Zone swag at the Real Vision merch store: https://shop.realvision.com Connect with me: Twitter (X): https://twitter.com/RaoulGMI Instagram: https://www.instagram.com/raoulgmi/ LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/ My other work: Real Vision: https://rvtv.io/3LHYIaH Global Macro Investor: https://globalmacroinvestor.com The Exponentialist: https://realvision.com/thefuture EXPAAM: https://expaam.com Connect with Real Vision™: Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Get a FREE membership: https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

    59 min
  6. 12/25/2025

    How Tech is Reinventing Banking

    🔥 *Crypto Gathering Miami 2026: Get your tickets today:* https://rvtv.io/3K36sq1 🔥 Raoul Pal sits down with Lalitesh Katragadda, founder of Indihood and former Google engineering leader, to explore how the crowdsourcing principles that built Google Maps can unlock global coordination, financial inclusion, and new internet-scale platforms. From AI agents and declarative systems to decentralized banking in India, this conversation lays out a bold vision for technology that finally works for all eight billion people. Recorded December 19, 2025. 🔥 Follow Lalitesh on X: @KLalitesh 📣 Bitwise has been all-in on crypto since 2017 and has more than 20 crypto-based products to help investors get the access they need. Bitwise manages the world’s largest crypto index fund, one of the top Bitcoin ETFs, and one of the largest institutional Ethereum staking solutions. Bitwise has over $10 billion in assets under management and employs over 100 people in the US and Europe to manage a range of products, including ETFs, private alpha strategies, and SMAs for large investors. 👉 Check out Bitwise at https://bitwiseinvestments.com and let them know that Real Vision mentioned them. Carefully consider the extreme risks associated with crypto before investing. 📣 Ready to see how Square can transform your business? 👉 Visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠square.com/go/realvision⁠⁠⁠⁠⁠⁠⁠⁠⁠ to learn more! #squarepod Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries. 🍌 Get your Banana Zone swag at the Real Vision merch store: https://shop.realvision.com Connect with me: Twitter (X): https://twitter.com/RaoulGMI Instagram: https://www.instagram.com/raoulgmi/ LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/ My other work: Real Vision: https://rvtv.io/3LHYIaH Global Macro Investor: https://globalmacroinvestor.com The Exponentialist: https://realvision.com/thefuture EXPAAM: https://expaam.com Connect with Real Vision™: Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Get a FREE membership: https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

    1h 15m
  7. 12/18/2025

    URGENT: Raoul Pal's Macro Thesis UPDATE

    🔥 *Crypto Gathering Miami 2026: Get your tickets today:* https://rvtv.io/3K36sq1 A special presentation from Breakpoint 2026... In this week's special episode, Raoul Pal is releasing his macro seminar and keynote address from Breakpoint 2026. Filled with all the charts you could want, Raoul breaks down where we're at in the cycle and what to expect in the year ahead. Recorded on December 11, 2025. 📣 Bitwise has been all-in on crypto since 2017 and has more than 20 crypto-based products to help investors get the access they need. Bitwise manages the world’s largest crypto index fund, one of the top Bitcoin ETFs, and one of the largest institutional Ethereum staking solutions. Bitwise has over $10 billion in assets under management and employs over 100 people in the US and Europe to manage a range of products, including ETFs, private alpha strategies, and SMAs for large investors. 👉 Check out Bitwise at https://bitwiseinvestments.com and let them know that Real Vision mentioned them. Carefully consider the extreme risks associated with crypto before investing. 📣 Ready to see how Square can transform your business? 👉 Visit ⁠⁠⁠⁠⁠⁠⁠⁠square.com/go/realvision⁠⁠⁠⁠⁠⁠⁠⁠ to learn more! #squarepod Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries. 🍌 Get your Banana Zone swag at the Real Vision merch store: https://shop.realvision.com Connect with me: Twitter (X): https://twitter.com/RaoulGMI Instagram: https://www.instagram.com/raoulgmi/ LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/ My other work: Real Vision: https://rvtv.io/3LHYIaH Global Macro Investor: https://globalmacroinvestor.com The Exponentialist: https://realvision.com/thefuture EXPAAM: https://expaam.com Connect with Real Vision™: Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Get a FREE membership: https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

    38 min

Hosts & Guests

4.4
out of 5
109 Ratings

About

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

You Might Also Like