Tom welcomes back the ever eloquent Tim Price from Price Value Partners for a jaw-dropping interview. Tim critically examines global institutions such as the Davos Club and a certain UN Health Organization. He expresses unease about global policies that may potentially marginalize farming and fishing in order to mitigate ecological damage. He disapproves of unelected individuals influencing significant global health and economic strategies and encourages skepticism towards the mainstream media for perpetuating unchecked influence over these areas. Price also identifies a growing trend toward skepticism of global forums, notably through an editorial in the Financial Times questioning the relevance of Davos. He ends by cautioning against "philanthropaths" who amass wealth under the guise of charity and urges for increased understanding of their motivations. Tim highlights the value of debate and continuous dialogue in resolving polarized arguments. Individuals should aim to arouse introspection in their interlocutors rather than impose personal beliefs. Understanding can create gradual changes in viewpoints over time. Price draws parallels between the current credit and debt system and historical failures of such systems. He views Davos as the emblem of big state command economy systems — a form of crony capitalism, not genuine free market capitalism. He suggests teaching classic economics as a buffer against economic downfalls. Price points to economic uncertainties and volatility in various countries, taking Japan as an instance of a resilient economy that weathered two depressions on a par with America's Great Depression, maintained lower unemployment levels and a sustained GDP. He raises the question of whether Western economies could cope with similar situations. He also underlines ongoing unrest in currencies, the bond market, and the intensifying inflation. Tim criticizes the problematic Keynesian economic model and government interventions in economic systems, proving them incapable of controlling intricate economic operations. Tim discusses his book "The War on Cash" and advises strengthening ties with local businesses and limiting dependency on credit cards and any form of central bank digital currencies, promoting the use of cash transactions. As an example of an uprising against the current system, he notices the increasing number of protesting farmers, reaffirming the relevancy of his book's fundamental message today. Time Stamp References: 0:00 - Introduction 0:37 - Argentina & Ecocide 4:36 - Vandals & Philanthropaths 7:12 - Western Suicidal Ideation 11:49 - Conversations & Questions 13:50 - Gov't Out of Education 18:12 - Truth & Perspective 22:29 - Davos & Javier Milei 27:10 - Broken Window Fallacy 30:09 - Debt Creation Math 34:07 - Inflation is a Policy 35:30 - Order of Collapse? 39:48 - Inflation Comparisons 42:27 - Keynesian Economics 46:28 - Tim's Book - War On Cash 50:22 - U.K. Postal Scandal 53:08 - Clarkson's Small Farm 55:21 - Worse Worsening 57:05 - Wrap Up Talking Points From This Episode - Tim Price criticizes global institutions and policies that affect farming and fishing, urging a deeper analysis of their impacts. - Tim believes the idea that government should be involved in any way with education. - Price calls for skepticism of the debt-based monetary system and questions its sustainability against the rising global debt burden. Guest Links: Twitter: https://twitter.com/TimPrice1969 Website: https://www.pricevaluepartners.com/ War On Cash: https://www.pricevaluepartners.com/war-on-cash/ Articles: https://www.pricevaluepartners.com/commentary Tim's Podcast: https://www.podbean.com/podcast-detail/r42pj-5ec16/State-of-the-Markets-Podcast Tim's Podcast: https://open.spotify.com/show/1T69Xe0EJ4n0gOO4RD9qv0 Podcast Episode Mentioned: https://open.spotify.com/episode/2y3fkSYmMNxpa7eNE13PIr Tim's Book: War on Cash (Amazon): http://tinyurl.com/kkmh6cx6 War on Cash (Free PDF): https://www.pricevaluepartners.com/war-on-cash/ Book Recommendations: 180 Degrees (Amazon): http://tinyurl.com/3vjvpnud Mises Link - 40 Centuries of Wage and Price Control: http://tinyurl.com/4e5cewc7 The Origin of Wealth - Eric Beinhocker: http://tinyurl.com/5n7652a4 Tim Price has worked in the capital markets for over 30 years. A graduate of Christ Church, Oxford, he spent a decade as a bond specialist before going on to serve as Chief Investment Officer at three separate wealth management firms. Tim has been shortlisted for five successive years in the UK Private Asset Managers Awards program and was a winner in 2005 in the category of Defensive Investing. He is now co-manager of the VT Price Value Portfolio, a fund investing in Benjamin Graham-style value stocks, and specialist value funds, from around the world. He also co-manages bespoke private client portfolios. ... https://www.youtube.com/watch?v=Fnw6Zn8oq9o

As societal and political structures continue to breakdown worldwide, survival instincts are heightening. This inspires self-organizing communities and a decreasing confidence in central banking and other key infrastructures. Precious metals as a medium of exchange has thousands of years of tried-and-true history, so people run to these safe havens. David Morgan thinks gold and silver have already hit bottom, and because of the unique situation in the world today, he wouldn't rule out gold lifting to $10,000! With silver, we are starting to see a contraction in supply, but the main thing driving prices up is the general public trend towards precious metals. When silver goes above $26, concurrent with gold above $1,550- and they stay there for a few weeks, we will see an acceleration up to the old highs. We should at least come close to this by the end of the year, and certainly by sometime next year. One of the main reasons silver has been trading so differently this year is that many bullion banks are continuously short on precious metals, and as the price increases they continue to short. This builds up the open interest from the amount of metal that is shorted. The other side is taken on by the Shanghai Gold Exchange, which puts us in a position that we have never been in before. If you are producing a product and have a lot of capital tied up in equipment and labor, while legitimately hedging, the exchange will give you an advantage because commodities will actually be produced. David thinks that precious metals stocks will eventually go down with the general market, but gold is the most negatively correlated commodity to the general market. Precious metals will be the first thing to come back up in a meltdown, followed by mining shares. Also, people will exceedingly flock to mining shares if the physical market becomes so tight that people aren't selling much. Among other businesses, David is the CEO of a new corporation- Lemuria Royalties, which deals with royalty and streaming deals. With streaming deals, you provide capital to the entity, they increase their output, and you get a stream of their new production rate for the life of the mine. Royalty deals are where you get a set return on a capital every time they produce. You can also check out his Morgan Report website which offers exclusive analysis of markets, investing insights, and a free newsletter among other resources. ... https://www.youtube.com/watch?v=YjfHwmJj0H8

Tom welcomes back Michael Pento, President and Founder of Pento Portfolio Strategies, to the program. To subscribe to our newsletter and get notified of new shows, please visit http://palisadesradio.ca Michael carefully monitors for changes in fiscal policy, and he expects a looming fiscal and monetary cliff. The Fed will transition from trillions in debt monetization to zero, and the stock markets are likely to take this badly. They depend on 120 billion a month to stay afloat, and many companies are skeletons on life support. Next year we will find out which of those have a sustainable business model. China's stock market popped back in 2007, and there isn't a government with more control of its economy. Japan is another example of a market that peaked in 1989 and remains stagnant. If you want real inflation, you have to distribute money directly to consumers. This leads to shortages, labor issues, and runaway inflation. We've already had multiple iterations of helicopter money, which is coming to an end. He expects a period of disinflation, followed by deflation, and then massive government intervention. It took one hundred and seven years for the Federal Reserve's balance sheet to reach 4.1 trillion and only five quarters to add 4.1 trillion. Today, we have more distortions, more bubbles, and ballooning debt while productivity is falling. Wages in real terms are falling, and the middle class is being eviscerated. As a result, credit and bond markets will become concerned when the US adopts some form of basic income. For investors, only these four things have been proven to work when in a deflationary depression. Those are cash, short-term treasuries, US dollars, and shorting of the markets. As a result, he believes there will be a limited period of opportunity to take such a position against the market. Everyone should have 5% of their assets in gold to reduce risk. There are times when investors should hold more gold and carefully adjust their gold weighting depending on the macro environment. Lastly, Michael questions, "Where should bond yields be at during periods of sustained high inflation? What will that do to the stock markets?" Time Stamp References: 0:00 - Introduction 0:34 - Flotation Pivot 3:19 - Dynamic Strategy 8:44 - Debt Death 11:29 - Deflationary Depression 13:29 - Gold Thesis & Weighting 17:47 - Coming Bond Crisis 22:22 - Bonds Vs. Stocks 25:56 - Wrap Up Talking Points From This Episode: - Monitoring Fiscal policy and the looming cliff. - Comparing China's and Japan's markets. - Debt and stimulus and unsustainability. - Balancing your portfolio according to risk. Guest Links: Website: http://pentoport.com E-Mail: mpento@pentoport.com Twitter: https://twitter.com/michaelpento Michael Pento is the President and ... https://www.youtube.com/watch?v=WBf1jPQKkWo

Tom welcomes back David Skarica, Publisher and Founder of Stock Chart Of The Day. David Skarica the current rate-cutting cycle by the Federal Reserve, suggesting that political pressure might be the main driving force behind these cuts. He compared the current situation to previous cycles, noting that in 2008, the market was in a crash, while in 2019 and 1995, stocks were rallying before the rate cuts. Skarica also highlighted that the bubbles in 2008 indicated that previous rate cut cycles did not immediately work, but this time, the economy has held up relatively well. He expressed the belief that this rate cut cycle will be different and that predictions of a significant market downturn may not necessarily come true. *Palisade Radio Links:* ► Website & Newsletter: https://palisadesradio.ca ► Rumble: https://rumble.com/c/c-1586024 ► Odysee: https://odysee.com/@PalisadesGoldRadio:c ► BitChute: https://www.bitchute.com/channel/67kkt6EjYPJM/ Skarica mentions that the Federal Reserve is looking to cut short-term interest rates in a controlled manner to avoid shocking the market. The expected cuts in March, May, and June are predicted to be less severe than those in 2008 or 2020, as the economy is not showing signs of requiring substantial intervention. Skarica emphasized that the Federal Reserve is taking a more strategic approach to interest rate adjustments to prevent abrupt changes that could disrupt the market. The conversation then shifts to the performance of gold stocks during rate cut cycles. Skarica cited examples from 2005-2008 and 2018-2020, where gold stocks outperformed the market in the first 12-24 months of a rate cut cycle. However, as the bull market matures, investors tend to shift to more aggressive investments, leading to a slowing trend. Skarica theorized that a similar cycle may be observed again due to high levels of debt. He suggested that combining a bull market with rising gold prices and low oil prices could create an ideal scenario for gold stocks. Skarica also touched on the importance of a long-term investment horizon, citing examples from the past. He pointed out the success of investors like Jim Dines and John Templeton, who made substantial profits by having a long-term perspective and buying stocks when they were undervalued. He encouraged investors to remain open-minded and look for opportunities while also being aware of potential risks. In terms of specific recommendations, Skarica suggested investing in gold and, more specifically, gold stocks, which he believes are currently undervalued despite the high price of gold. He acknowledged the risks associated with these stocks but stated that the potential for rewards is significant. Timestamp References: 0:00 - Introduction 0:51 - Pivots & Rate Cut Cycles 4:22 - Fed Cut Probabilities 6:34 - Pivots & Politics 10:32 - Treasury Yield Index 11:43 - HUI - Gold Bug Index 16:16 - Gold Long Term Chart 21:23 - Great Investor Trades 22:10 - Lessons & Patience 25:03 - Gold Space Sentiment 27:55 - Coming Debt Crisis 29:23 - Wrap Up Talking Points From This Epsiode - David Skarica believes the current rate-cutting cycle by the Federal Reserve is driven by political pressure and may differ from previous cycles. - Gold stocks tend to outperform the market in the early stages of rate cuts, but the trend slows as the bull market matures. - Skarica recommends looking for undervalued gold stocks and emphasizes the importance of a long-term investment approach. Guest Links: YouTube: https://youtube.com/@scotday Twitter: https://twitter.com/DavidSkarica Patreon: https://www.patreon.com/stockchartoftheday David Skarica is the Founder and Editor of Stock Chart Of The Day. Skarica entered the financial markets at a very young age and became the youngest person on record to pass the Canadian Securities Course at the age of eighteen. David is a regular speaker at trade and investment conferences in Canada and is a guest on the Business News Network (BNN), Canada's flagship business broadcasting network. His work has appeared in publications such as the Bull and Bear Financial Report, Barron's, Investor's Digest of Canada, and Canadian MoneySaver. David's recent book, Collapse, is available on Amazon. @scotday #Fed #Gold #Pivots #RateCuts #XAU #Politics #Energy #Oil #Inflation #StockChartOfTheDay #JimDines #JohnTempleton #Argentina #Venezuela #GoldStocks #PreciousMetalJuniors ... https://www.youtube.com/watch?v=2q0OUm6za9A